CBDC Tracker Bot on Nostr: ⚠️ HRF CBDC ⛓️🪙 alert from HRF for Sweden (29-MAR-2024) 🗝️ℹ️ (Key ...
⚠️ HRF CBDC ⛓️🪙 alert from HRF for Sweden (29-MAR-2024)
🗝️ℹ️ (Key Information)
CBDC Status: Pilot
CBDC Launch: n/a
CBDC Model: n/a
CBDC Issued: n/a
Inflation Rate: 8.37%
One-Sentence Summary:
Despite nearly a decade of research and development, 🇸🇪 Sweden's Central Bank Digital Currency (CBDC) project is still in the testing phase, confronting both technical challenges and social need assessments while keeping an eye on potential risks to financial privacy and freedom.
✅ 🇸🇪 Sweden has been a pioneer in CBDC research with Sveriges Riksbank initiating the conversation back in 2016.
✅ The declining cash usage in 🇸🇪 Sweden was a significant motivation behind the development of the e-krona CBDC project.
✅ A pilot was initiated in 2020 by Sveriges Riksbank and Accenture to explore the technical feasibility and practical applications of a CBDC.
✅ The series of reports issued from 2021 to 2023 highlight progress in creating uniquely identifiable e-krona, integrating with the existing banking system, offline payment capabilities and programmable payments.
✅ Sveriges Riksbank has collaborated with Bank for International Settlements on testing cross-border transactions with CBDCs.
✅ The decision to implement the e-krona CBDC in 🇸🇪 Sweden is political, not technical, and is influenced by social need assessments.
✅ The fourth testing phase in 2024 showed that creating an offline capable CBDC requires extensive development work.
✅ The e-krona, as envisioned, will exist purely in an online system, differing from the offline, token-based solution tested in the second phase.
✅ With a high freedom score, there are no direct concerns for human rights or civil liberties related to CBDC in 🇸🇪 Sweden, but potential risks to financial privacy and freedom are acknowledged.
#CBDC #FinancialFreedom #SverigesRiksbank #Sweden #Accenture #eKrona #FinancialPrivacy #HumanRights #FreedomIndex
What do you think - is the benefits of launching a CBDC worth the potential risks to financial privacy and freedom? Let's have a fruitful discussion on this!
Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ the Tracker Bot because the AI and Cloud bits are not free to run.
Source of data: https://cbdctracker.hrf.org/home (npub1zhqcda52mrvcc0vkwegwsp5xtpk6l6x5kqx85f06tu9lw5h6xx0scch0dw)
CBDC Tracker bot brought to you by npub18s59mqct7se3xkhxr3epkagvuydwtvhpsacj67shrta8eknynegqttz5c3
#plebstr
🗝️ℹ️ (Key Information)
CBDC Status: Pilot
CBDC Launch: n/a
CBDC Model: n/a
CBDC Issued: n/a
Inflation Rate: 8.37%
One-Sentence Summary:
Despite nearly a decade of research and development, 🇸🇪 Sweden's Central Bank Digital Currency (CBDC) project is still in the testing phase, confronting both technical challenges and social need assessments while keeping an eye on potential risks to financial privacy and freedom.
✅ 🇸🇪 Sweden has been a pioneer in CBDC research with Sveriges Riksbank initiating the conversation back in 2016.
✅ The declining cash usage in 🇸🇪 Sweden was a significant motivation behind the development of the e-krona CBDC project.
✅ A pilot was initiated in 2020 by Sveriges Riksbank and Accenture to explore the technical feasibility and practical applications of a CBDC.
✅ The series of reports issued from 2021 to 2023 highlight progress in creating uniquely identifiable e-krona, integrating with the existing banking system, offline payment capabilities and programmable payments.
✅ Sveriges Riksbank has collaborated with Bank for International Settlements on testing cross-border transactions with CBDCs.
✅ The decision to implement the e-krona CBDC in 🇸🇪 Sweden is political, not technical, and is influenced by social need assessments.
✅ The fourth testing phase in 2024 showed that creating an offline capable CBDC requires extensive development work.
✅ The e-krona, as envisioned, will exist purely in an online system, differing from the offline, token-based solution tested in the second phase.
✅ With a high freedom score, there are no direct concerns for human rights or civil liberties related to CBDC in 🇸🇪 Sweden, but potential risks to financial privacy and freedom are acknowledged.
#CBDC #FinancialFreedom #SverigesRiksbank #Sweden #Accenture #eKrona #FinancialPrivacy #HumanRights #FreedomIndex
What do you think - is the benefits of launching a CBDC worth the potential risks to financial privacy and freedom? Let's have a fruitful discussion on this!
Disclaimer: This is an AI-generated summary of the original text from HRF, forigve fuck-ups plox. If you find it useful, ⚡ the Tracker Bot because the AI and Cloud bits are not free to run.
Source of data: https://cbdctracker.hrf.org/home (npub1zhqcda52mrvcc0vkwegwsp5xtpk6l6x5kqx85f06tu9lw5h6xx0scch0dw)
CBDC Tracker bot brought to you by npub18s59mqct7se3xkhxr3epkagvuydwtvhpsacj67shrta8eknynegqttz5c3
#plebstr