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Jura

Research

Switzerland, Euro Area

Central Bank(s)

Swiss National Bank, European Central Bank

Announcement Year

2021

Status

Research

Retail/Wholesale

Wholesale

Structure

Token

Technology Provider

R3 Corda

DLT / non-DLT

DLT

Main motivation/goals of the CBDC

The main goal of the project is to explore how wholesale CBDCs can increase efficiency for cross-border payments and for security settlement.

Description

Project Jura explored settlement of tokenised euro commercial paper and foreign exchange transactions. Tests were conducted in a near real-life setting and met current regulatory requirements. Jura studied a new approach for central banks to allow access to central bank digital currencies (CBDCs) for regulated non-resident financial institutions.

Link to announcement

Link to whitepaper

Timeline

Last update: December 2021

December 2021

Updated data

Technology Provider: R3 Corda R3 Corda

Link to announcement: www.bis.org

Country / Region: Euro Area, Switzerland Euro Area, Switzerland

Central Bank(s): European Central Bank, Swiss National Bank Banque de France, Swiss National Bank

June 2021

Status updated

None Research

Added data

Announcement Year: 2021

Retail/Wholesale: Wholesale

Structure: Token

Technology Provider: R3 Corda

Description: Project Jura explored settlement of tokenised euro commercial paper and foreign exchange transactions. Tests were conducted in a near real-life setting and met current regulatory requirements. Jura studied a new approach for central banks to allow access to central bank digital currencies (CBDCs) for regulated non-resident financial institutions.

DLT / non-DLT: DLT

Main motivation/goals of the CBDC: The main goal of the project is to explore how wholesale CBDCs can increase efficiency for cross-border payments and for security settlement.

Link to announcement: www.bis.org

Link to whitepaper: www.bis.org

Country / Region: Euro Area, Switzerland

Central Bank(s): Banque de France, Swiss National Bank

Updated data

Country / Region: Euro Area, Switzerland Euro Area, Switzerland

Central Bank(s): European Central Bank, Swiss National Bank Banque de France, Swiss National Bank

News

No recent news found for this currency.