Oct 23, 2021
Israel on Its Way to Design Digital Shekel Based on Ethereum (Report)
Posted by Genevieve Klien in categories: bitcoin, cryptocurrencies
The central bank of Israel chose Ethereum’s network to launch the stages of its CBDC trial program.
The Bank of Israel reportedly launched a digital currency pilot program, aiming to create its central bank digital currency based on the Ethereum blockchain. However, the project might face some significant challenges.