Zerohedge – Australia’s Reserve Bank is launching a pilot program over the course of the next year in collaboration with the Bank for International Settlements [BIS](the central bank of central banks) to test the “benefits” of a blockchain ledger-based digital currency system.

The central bank is added to a long list of participants in BIS efforts to introduce CBDCs (central bank digital currencies) with the target goal of launching them globally by 2025-2030. Continue reading →