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July 19, 2023 23 mins

The BIS Innovation Hub is researching how central banks can leverage technology to create new forms of cashless payments and digital currencies through 4 projects: Project Helvetia, Dunbar, Aurum and Rosalind.

  • Project Helvetia seeks to facilitate central bank money settlement in a future with more tokenized financial assets.
  • Project Dunbar tests international settlements using different CBDCs.
  • Project Aurum digitally issues and distributes wholesale CBDC.
  • Project Rosalind explores the use of API layers for retail CBDC payments.

All projects are supposed to be purely experimental and are not supposed to imply any decision by the participating central banks on issuing CBDCs. But we know better... So, conspiracy podcast listeners… listen now! We have a lot to cover, so Buckle Up… Grab a Drink… and Let’s Dive Right in…

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