Blockchain based digital coins are becoming the "refugee" of the Central Banks that are afraid to lose tracking on the financial market as it, is turning very competitive forcing them to innovate and find the best solutions in faster and cheaper payments.

The Sveriges Riksbank (Central Sweden Bank) started the testing of their e-krona, the national digital currency and may become the world first CBDC, that will be an alternative to cash and will facilitate the payments, deposits and withdraws using a simple interface via mobile application!

The Sveriges Riksbank releasedthis statements this thursday, and this testing will run for a year ending in February 2021. The study and research for a CBDC started back in 2017 and will be supported in the Blockchain from R3 corda network conducted in partnership with giant Consulting Firm Accenture!

The commercial Banks will be first to receive the e-krona that are responsable to send it to customers. Also to note that the initial tests of their CBDC could take more time in experience thru the market, as the Accenture and the Sveriges Riksbank have and agreement that could prolong it to  seven years!

The Sweden took the first step to release their official digital Currency and the testing phase could be the imminence of a new world composed by digital coins based on Blockchain, that is turning the world upside-down and with many eyes on it!

The world is going Blockchain!

Republished Article Original found at Uptrennd Platform From My Authorship Here.

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