Nahmii AS are delighted to announce that we have been chosen to work with Norges Bank (the central bank of Norway) on their upcoming experimental CBDC sandbox project. This prestigious award confirms Nahmii AS’s position as a global leader in the blockchain space and represents another milestone for the Bergen-based company.
Following a competitive tender process, Nahmii AS will now build a sandbox environment for Norges Bank as part of their CBDC experimental testing strategy. Norges Bank will use this platform as part of a wider investigation into CBDCs.
Norges Bank will in the experimental testing consider many available technologies including so-called layer-2 blockchain protocols. Nahmii AS are experts in this space, having built multiple scaling solutions for Ethereum already. Layer 2s allow for the leveraging of public blockchain security, e.g. Ethereum, whilst providing an increased performance and allowing for regulatory compliance.
The sandbox project includes both technical and blockchain services, where Nahmii AS will build, maintain and train Norges Bank users and partners on the sandbox environment. In addition, the Norges Bank sandbox trial is expected to include all major Norwegian banks, who will also benefit from Nahmii AS’s technical expertise.
