BIS says CBDC can be monitored without personal information

bank-for-international-settlements

The Bank for International Settlements has said its Project Tourbillon has demonstrated central bank digital currency (CBDC) can provide cash-like anonymity. However, the bank says cryptography technology will need to improve before it can create a suitably speedy payment network.

The project created a dashboard for central banks to monitor aggregate CBDC use, withdrawals and redemptions. “Tourbillon shows that central banks can monitor the aggregate use of CBDCs in real time without seeing any

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.