Mastercard Releases Platform Enabling Central Banks to Test Digital Currencies

[Galaxy]

Payments giant Mastercard has released a platform that allows central banks to test how proposed central bank digital currencies (CBDCs) would work in real life.

Mastercard announced Wednesday it had launched a virtual testing environment that can simulate issuance, distribution and exchange of CBDCs between banks and financial service providers, as well as end-consumers purchasing everyday goods and services.
Info Link: https://www.coindesk.com/mastercard-releases-platform-enabling-central-banks-to-test-digital-currencies