The Digital Dollar Project is launching a central bank digital currency (CBDC) Technical Sandbox Program in October. The U.S. private sector program is initially partnering with Digital Asset, EMTECH, Knox Networks, and Ripple to explore cross border payments.
Jennifer Lassiter, executive director of The Digital Dollar Project, said the aim is to “answer key questions about how the technology could work, the problems we hope to solve, and the ultimate business and individual outcomes we want to achieve.”
The Digital Dollar Project was founded in January 2020 by Accenture and former Chair of the Commodity Futures Trading Commission (CFTC) J. Christopher Giancarlo’s Digital Dollar Foundation. Last year Accenture agreed to fund five of the DDP’s CBDC pilot programs.
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