The American-based Digital Dollar Project (DDP) will launch a Technical Sandbox Program in collaboration with Ripple and a few other digital asset companies to further research the U.S. central bank digital currency (CBDC). Today we announced the launch of our Technical Sandbox Program. If you are interested in exploring the implementation of a US #CBDC in a tech-neutral environment, join us for future cohorts! Diverse perspectives are critical for testing CBDC design choices https://t.co/80CYIMwPvL — The Digital Dollar Project (@Digital_Dollar_) August 31, 2022 Technical Sandbox Program Cross-border payments will be the program’s primary focus when it launches in early October, the non-profit organization stated on Wednesday. A pilot phase and an education phase are both stages that the program will go through. The research findings will be “shared and used to inform corporate and public sector stakeholders on how advanced technology solutions can unlock business value in a disruptive fashion.” The Digital Dollar Foundation is a public education and advocacy organization. The information technology consulting firm Accenture founded the Digital Dollar Project (DDP). Digital Dollar Project (DDP) One of the biggest U.S. financial service companies, the Depository Trust and Clearing Corporation, teamed up with the DDP in April and began “Project Lithium” to test CBDC infrastructure. The creation of a potential U.S. CBDC was given...
