The Bank for International Settlements (BIS) has invited organizations to apply to participate in the second phase of Project Rosalind, the joint initiative with the Bank of England to develop an API for a retail central bank digital currency (CBDC). Applications close on February 10 and there will be a TechSprint through March.
Rosalind is one of the first projects of the London BIS Innovation Hub.
The initial phase of Project Rosalind is now drawing to a close. It involved the development of an API prototype for a consumer-focused CBDC. The API’s objective is to enable payment service providers (not just banks) to integrate with the API to support consumer access to the retail CBDC.
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