{"id":101622,"date":"2020-10-30T23:50:15","date_gmt":"2020-10-30T20:50:15","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/germanys-central-bank-is-working-on-a-blockchain-project-but-its-not-a-cbdc\/"},"modified":"2020-10-30T23:50:15","modified_gmt":"2020-10-30T20:50:15","slug":"germanys-central-bank-is-working-on-a-blockchain-project-but-its-not-a-cbdc","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/germanys-central-bank-is-working-on-a-blockchain-project-but-its-not-a-cbdc\/","title":{"rendered":"# Germany\u2019s central bank is working on a blockchain project, but it’s not a CBDC"},"content":{"rendered":"

“# Germany\u2019s central bank is working on a blockchain project, but it’s not a CBDC <\/strong>”
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According to a public notice published<\/a> in the Supplement to the Official Journal of the European Union<\/em>, Ocean Protocol, a Singaporean non-profit foundation, was hired to create a decentralized network for Germany’s Bundesbank.<\/p>\n

The central bank said that the Ocean protocol, which is a project of relatively limited renown, was chosen mostly because they were the only possible contractor for the job, citing a \u201clack of comparable competitors.\u201d<\/p>\n

Bundesbank detailed in its public notice that the main purpose of the project is to set up a \u201cdecentralized network app<\/a>roach, which allows participants a permanent, symmetrical data access for the realization of real-time updates of statistics while preserving data sovereignty.\u201d<\/p>\n

The institution expects to work hand in hand with the Ocean protocol to build a platform for securely publishing, transferring, and consuming public and private data.<\/p>\n

On October 21, Cointelegraph reported that the German central bank was considering alternatives to a CBDC. It is possible that this announcement is our first look into what such an alternative could involve.<\/p>\n

In July, Ocean protocol announced that they would develop a pilot project\u00a0with Mercedes-Benz\u2019 manufacturer, Daimler AG.<\/p>\n<\/div>\n

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For forums sites go to Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n

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If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“# Germany\u2019s central bank is working on a blockchain project, but it’s not a CBDC ” According to a public notice published in the Supplement to the Official Journal of the European Union, Ocean Protocol, a Singaporean non-profit foundation, was hired to create a decentralized network for Germany’s Bundesbank. The central bank said that the…<\/p>\n","protected":false},"author":1,"featured_media":101623,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2020-10\/57e0ad14-aa3f-460d-a475-05486a2a7354.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,75022,74983,43905,70783],"class_list":["post-101622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-central-bank","tag-decentralization","tag-germany","tag-ocean"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/101622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=101622"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/101622\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/101623"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=101622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=101622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=101622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}