Pilot

Bank AI

Partner

Coin

<ul class="news-points"> 
 <li>Ripple has become the official technology partner for the CBDC project in Georgia.</li> 
 <li>The decision followed a competitive selection process with eight other tech firms.</li> 
 <li>Ripple already works with five other central banks on CBDC pilot programs and is in discussions with over 20 countries for similar initiatives.</li> 
</ul> 
The San Francisco-based blockchain technology firm Ripple has become the official technology partner for the central bank digital currency (CBDC) project to be unfolded in the Republic of Georgia. 
Antony Welfare, <a href="https://coinedition.com/ripple-launches-ripple-cbdc-platform-to-drive-global-cbdc-adoption/">Ripple’s CBDC</a> Strategic Advisor, disclosed the development in a recent tweet, noting the official communication from the National Bank of Georgia (NBG), the apex bank of the country. 
The statement read: “Ripple, one of the world’s leading technology companies, becomes the Technology Partner for the National Bank of Georgia’s Digital GEL Pilot Project.”&nbsp; 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/hashtag/CBDC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#CBDC</a> Announcement Number six <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> "Ripple, one of the world's leading technology companies, becomes the Technology Partner for the National Bank of Georgia's Digital GEL Pilot Project" "Ripple has announced five pilot programs with governments and central banks in Bhutan, Palau,…— Antony…
 </blockquote>
 </div>
</figure>
The post <a href="https://coinedition.com/georgia-national-bank-picks-ripple-as-cbdc-tech-partner-out-of-9-firms/">Georgia National Bank Picks Ripple as CBDC Tech Partner Out of 9 Firms</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Georgia National Bank Picks Ripple as CBDC Tech Partner Out of 9 Firms

Coin Edition

Autres articles publiés le 5 nov. 2023

Chainlink Price Prediction As Recovery Hits New Yearly High; Is $15 Next Target

Fed’s technical glitch creates payment woes for Americans

How Solana, Ethereum and These Cryptos Can Get You 90%+ Win Rate in the Current Market Condition

Solana (SOL) Finally Back Where It Was A Year Ago: Analyst

TYL Stock Price Prediction 2023-25: Bulls Rising From the Ashes?

Worlds 2023 Semifinals: JD Gaming vs. T1 & BLG vs. WBG

Join our free newsletter for daily crypto updates!