COTI has proposed a CBDC-powered decentralized marketplace for real-world assets (RWAs) as part of the Bank of Israel’s Digital Shekel Challenge.
The Bank of Israel has launched the 'Digital Shekel Challenge' to explore central bank digital currency (CBDC). Fourteen teams will propose innovative use cases inspired by BIS Innovation Hub's 'Project Rosalind.'
The Bank of Israel is considering a digital shekel but is waiting for the European Central Bank to introduce its digital currency first.
The Bank of Israel has launched the 'Digital Shekel Challenge' to explore its own CBDC project, working with service providers to connect via APIs.
Andrew Abir, deputy governor of the Bank of Israel, shared a new perspective on CBDCs, acknowledging potential innovation for Israel's financial system with the digital Shekel.
The Bank of Israel is introducing a sandbox for experimenting with CBDC use cases to enhance the digital shekel and support advanced applications.
