The Sveriges Riksbank has started a pilot project with the services firm Accenture to try to find a technical solution for an experimental central bank digital currency (CBDC).

The project will look at basing the experimental CBDC, the ‘e-krona’, on distributed ledger technology (DLT), the Riksbank said on February 20.

The Swedish central bank expects the pilot project to run at least until February 2021. Swedish authorities still have not decided whether the Riksbank will issue a digital

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Source: https://www.centralbanking.com/fintech/cbdc/4732686/swedish-central-bank-will-test-dlt-based-digital-currency-prototype