Today Giesecke+Devrient (G+D) announced a partnership with the Banque Centrale de Mauritanie to design and explore a potential central bank digital currency (CBDC).
“The digital Ouguiya is part of the digital transformation agenda for the entire country and is of critical importance for economic and social progress,” said Wolfram Seidemann, CEO of G+D Currency Technology. He added that G+D has a 50 year relationship with the central bank.
G+D has formally participated in at least three other CBDC projects with its G+D Filia CBDC platform. They include Thailand which recently reported its results, an offline solution as one of the pilot projects in Brazil, and fellow West African country Ghana.
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