Summary
- The Bank of Canada announced the development of a new central bank digital currency (CBDC) technology that guarantees user anonymity.
- The 'OpenCBDC 2PC' technology is designed so users can store and make payments with their funds without sharing personal information with banks or payment processors.
- The Bank of Canada explained that this technology is an innovative CBDC model that simultaneously realizes privacy protection, faster transactions, and decentralization.
According to CoinDesk, a cryptocurrency-focused media outlet, on the 4th (local time), a research team at the Bank of Canada announced that it has developed a new central bank digital currency (CBDC) technology that guarantees user anonymity.
This technology has been named 'OpenCBDC 2PC' and is designed so that users can hold digital funds directly, featuring privacy protection, improved transaction speed, and ensuring decentralization.
In particular, users can store and make payments with their funds without sharing personal information with banks or payment processors, enabling a high level of personal data protection.
The Bank of Canada explained, "With this technology, even the central bank cannot access specific transaction details or personal identification information," and described it as "an innovative CBDC model that maximizes privacy while maintaining the benefits of the existing financial system."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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