{"id":427541,"date":"2022-04-06T20:30:00","date_gmt":"2022-04-06T17:30:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/swedens-central-bank-completes-second-phase-of-e-krona-testing\/"},"modified":"2022-04-06T20:30:00","modified_gmt":"2022-04-06T17:30:00","slug":"swedens-central-bank-completes-second-phase-of-e-krona-testing","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/swedens-central-bank-completes-second-phase-of-e-krona-testing\/","title":{"rendered":"# Sweden\u2019s central bank completes second phase of e-krona testing"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a233bf4ac7af\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a233bf4ac7af\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/swedens-central-bank-completes-second-phase-of-e-krona-testing\/#%E2%80%9D_Swedens_central_bank_completes_second_phase_of_e-krona_testing_%E2%80%9C\" >&#8221; Sweden\u2019s central bank completes second phase of e-krona testing &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Swedens_central_bank_completes_second_phase_of_e-krona_testing_%E2%80%9C\"><\/span>&#8221; Sweden\u2019s central bank completes second phase of e-krona testing &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvOWEyMDFkNzQtYjU2NC00ZDM1LThkNWUtYzU5MzM0Yjg4MzdhLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>The Swedish central bank\u2019s digital currency project, a proposed CBDC, known as the e-krona has successfully <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.riksbank.se\/en-gb\/press-and-published\/notices-and-press-releases\/notices\/2022\/new-report-from-the-e-krona-pilot-project\/\">finished<\/a> its second phase of trials. According to Riksbank, the nation&#8217;s central bank, the asset is now technically ready to be integrated into banking networks and facilitate transactions.\u00a0<\/p>\n<p>During the second phase of the e-krona pilot project \u2014 which began in February 2021 \u2014 the CBDC was investigated on the matter of its technical ability to function within the country\u2019s existing digital banking infrastructure. Participating banks included Handelsbanken and Tietoevry.<\/p>\n<p>The report indicated that the e-krona could indeed be successfully exchanged for fiat money and used in transactions, both online and offline. This phase of testing also brought legal clarity to the project in terms of whether the e-krona should be regarded as an \u201celectronic form of cash.\u201d<\/p>\n<p>As the project enters into Phase 3, a number of questions remain about the currency&#8217;s future. Riksbank did not officially confirm its intention to actually issue the e-krona to the nation\u2019s citizens and has not yet indicated the legal framework upon which it might be based. Riksbank did,\u00a0however,\u00a0specify back in January 2021 that the project\u2019s proof-of-concept was harnessing Corda, a distributed ledger <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> from R3.<\/p>\n<p>National digital currencies remain a hot topic among financial authorities around the world. A recent Global CBDC Index from PwC showed that 80% of central banks are considering or have already launched a CBDC. The most developed CBDC at the moment, according to the report, is Nigeria\u2019s \u201ceNaira.\u201d It received a score of 95 across both the retail and wholesale categories. PwC expects CBDC research, testing and implementation to intensify this year. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/sweden-s-central-bank-completes-second-phase-of-e-krona-testing\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Sweden\u2019s central bank completes second phase of e-krona testing &#8220; The Swedish central bank\u2019s digital currency project, a proposed CBDC, known as the e-krona has successfully finished its second phase of trials. According to Riksbank, the nation&#8217;s central bank, the asset is now technically ready to be integrated into banking networks and facilitate transactions.\u00a0&#8230;<\/p>\n","protected":false},"author":1,"featured_media":427542,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvOWEyMDFkNzQtYjU2NC00ZDM1LThkNWUtYzU5MzM0Yjg4MzdhLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,75046,75022,74889,74355,71939,71511,55229,70934,11719,4965],"class_list":["post-427541","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-cbdc","tag-central-bank","tag-payments","tag-adoption","tag-banks","tag-government","tag-law","tag-regulation","tag-sweden","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/427541","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=427541"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/427541\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/427542"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=427541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=427541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=427541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}