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The Estonian central bank is studying the topic of digital currencies

by CBDC Insider Staff
October 5, 2020
in Business
Reading Time: 1min read
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The Estonian central bank is studying the topic of digital currencies
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The Estonian central bank will conduct research into the potential of digital currencies. It is, in a way, following other central banks, including the European Central Bank, which is moving in the same direction.

The Estonian central bank is examining the CBDC

Estonian central bank – Eesti Pank – announced the launch of a research program to test how to build a digital currency infrastructure.

According to statement, Eesti Pank will collaborate on a research project with technology companies SW7 Group and Guardtime. The initiative aims to test whether a blockchain-based keyless signature (KSI) solution can help create virtual currency.

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