Tuesday November 12, 2024

Digital Shekel Challenge: Bank of Israel Engages 14 Teams for Digital Currency Innovation

Digital Shekel Challenge: Bank of Israel Engages 14 Teams for Digital Currency Innovation

by Kevin Helms July 26, 2024 1 min read

(Originally posted on : Bitcoin News )

The Bank of Israel has initiated the “Digital Shekel Challenge” to explore the potential of a central bank digital currency (CBDC) system inspired by the BIS Innovation Hub’s “Project Rosalind.” Fourteen teams from various sectors have been selected to propose innovative use cases. The challenge aims to integrate digital shekel with other payment systems and […]

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