The Riksbank starts a pilot project with Accenture to develop a technical solution for a retail e-krona.
Users shall be able to hold e-kronor in a digital wallet, make payments, deposits and withdrawals via a mobile app. The user shall also be able to make payments via wearables, such as smart watches, and cards.
The pilot runs for a year, on a distributed ledger, according to the Riksbank’s press release. More detailed information is contained in this note.
The Riksbank has published the second e-krona project report (website). In a special issue of the Riksbank’s Economic Review, several authors discuss related issues.
I will participate in a Riksbank panel in early December to discuss CBDC and the e-krona project.