Hyperledger CBDCs

As central banks around the world have explored and researched the uses, viability, and needs for a central bank digital currency, Hyperledger’s distributed ledger technologies (DLTs) have been at the forefront of these experimentations. These DLTs, built in the open with vendor-neutral governance and currently deployed in several production networks in other sectors, provide proven technology with strong community support.

Open source motivates higher-quality code. Everyone doing open source cares a lot more about the code they write, because they know anyone can see it'

Makoto Takemiya,

CEO and co-founder at Soramitsu, the development company on Project Bakong - National Bank of Cambodia (NBC)

Contents include..

Introduction
Hyperledger Foundation
CBDCs and Open Source
Hyperledger Projects
Community Work with CBDCs
Hyperledger CBDCs around the Globe

- European Central Bank
- France
- Thailand
- Project Inthanon-LionRock
- Cambodia
- Spain
- Australia
- Saudi Arabia & U.A.E.

CBDCs at Hyperledger Global Forum
Additional Resources and Readings
About the Authors

According to the United States Federal Reserve, central bank money traditionally takes two forms: cash and reserves held by eligible financial institutions at the central bank.

Central bank digital currency (CBDC) is a generic term for the third version of currency that could use an electronic record or digital token to represent the digital form of a nation's currency. CBDC is issued and managed directly by the central bank and could be used for a variety of purposes by individuals, businesses, and financial institutions.

Hyperledger in Action ebook

Discover how Hyperledger technologies are the most widely used in CBDC experimentations

Learn more about CBDCs and Open Source

Get the inside track on central bank developments