Crypto news: Ripple enters Colombia with blockchain pilot project
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Among today’s crypto news is the new collaboration between Ripple and Banco de la República de Colombia to test and explore blockchain use cases. The pilot project will test Ripple’s CBDC (Central Bank Digital Currency) platform. Crypto news: Ripple and CBDC platform testing with Banco de la República de Colombia The Central Bank of Colombia, Banco de la República, has chosen Ripple and its dedicated Central Bank Digital Currency (CBDC) platform to test a pilot project. Ripple and @Peersyst are partnering with Colombia’s @BancoRepublica in conjunction with @Ministerio_TIC to pilot use cases that will enhance Colombia’s high-value payment system. Learn
To improve the country’s high-value payment system, Colombia’s central bank is experimenting with Ripple’s new end-to-end central bank digital currency technology. How will this collaboration affect the price of XRP? On Thursday, Ripple announced that the central bank of Colombia and the Ministry of Information and Communication Technologies (MinTIC) would…
Ripple has teamed up with the National Bank of Georgia to further explore the use cases of a central bank digital currency (CBDC) use cases within the country. “By harnessing the power of the Ripple CBDC Platform, this pilot will pave the way for transformative advancements in the utilization of…