Bank of New York is testing a digital dollar

Bank of New York is testing a digital dollar

user avatar

by dapp_writer005

4 years ago

The Federal Reserve Bank of New York has announced the start of testing the digital dollar (CBDC). The process will begin on November 16, 2022 and will last for the next 12 weeks. 2 banks - Citigroup and Wells Fargo, as well as financial corporation Mastercard became partners in work.

The Federal Bank set the task to study the benefits of using accelerated settlements, as well as test the operation of smart contracts within the financial system. To avoid technical hiccups, the test team is not eager to bring CBDC to market as soon as possible. In the plans - a thorough check of all points. This stage will show the prospects for the development of the digital dollar within the country.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other articles

GLHF Studio — Gigaverse, NFT, Abstract и развитие блокчейн-игр

chest

Обзор GLHF Studio: Gigaverse, NFT-коллекции, ROMs, Giglings, Gigamarket, сеть Abstract, игровая Web3-экономика, финансирование и основные риски.

user avatarElena Ryabokon

YGG Play — Games, Launchpad, Tokens and the Web3 Publisher Shutdown in 2026

chest

YGG Play overview: Casual Degen publishing model, LOL Land, Web3 games, Launchpad, tokens, YGG ecosystem, and the publisher’s shutdown in 2026.

user avatarElena Ryabokon

Farmine Land Expansion — Gameplay, NFTs, Ronin and Virtual Land System

chest

Farmine Land Expansion overview: NFT lands, farming, mining, resources, NFT tools, LandCoin, Ronin network, game economy, and key project risks.

user avatarElena Ryabokon

Treeverse: Clouded Dawn — Blockchain RPG on Immutable zkEVM and END Economy

chest

Explore Treeverse: Clouded Dawn, its MMORPG gameplay, NFTs, END token, Immutable zkEVM infrastructure, digital assets, Web3 economy and key project risks.

user avatarElena Ryabokon

Arbitrum Gaming Ventures — GameFi Investments, Portfolio and Fund Strategy

chest

Arbitrum Gaming Ventures overview: investment model, Web3 portfolio, ARB, Arbitrum Orbit, GameFi strategy, and the fund’s wind-down process in 2026.

user avatarElena Ryabokon

Thirdweb Gaming SDK — Unity, Unreal Engine, Web3 Wallets and Account Abstraction

chest

Thirdweb Gaming SDK 2026 overview: Unity and Unreal Engine SDKs, In-App Wallets, Account Abstraction, gasless transactions, NFTs, and Web3 gaming infrastructure.

user avatarElena Ryabokon

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.