A demo version of the digital som will be created in Kyrgyzstan
Author - Mansur Ismagulov
The Tech AI
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The National Bank of Kyrgyzstan will create a demo version of the digital currency digital som. For testing the prototype in experimental mode, proposals have been received from 12 companies. The Bank will select a CBDC blockchain-based service provider, evaluating technologies, security, speed, and integration with the financial infrastructure.
The National Bank of Kyrgyzstan will create a demo version of a digital currency.
To test the prototype of the digital som in experimental mode, the National Bank received proposals from 12 interested companies. The National Bank of Kyrgyzstan will select a provider of blockchain-based CBDC digital services to create a digital demo version, simulate payments, and conduct initial testing. Selection criteria include the blockchain platform technology, innovation potential, reliability, security, payment speed, and integration with the existing financial infrastructure.
Source: 24.kg
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