The Society for Worldwide Interbank Financial Telecommunications (SWIFT), a messaging network that fosters functional communication amongst banks has unveiled its blueprint for a Central Bank Digital Currency (CBDC) network. The blueprint followed the 8-month-long trial that was carried out by the SWIFT Network involving as many as 14 different participants including the Central Banks of France and Germany as well as private sector players including HSBC Holdings plc; and Standard Chartered PLC.
The study is available here [PDF]: https://www.swift.com/swift-resource/251903/download
