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Bank of England is working on CBDC identity layer

CBDC Insider: Thursday July 13, 2023

Payments and identity company Nuggets recently announced that its working with the Bank of England (BoE) to develop an identity and privacy layer for its central bank digital currency (CBDC). The balance between user privacy and the central banks need to know who is transacting for AML/CTF purposes is difficult, and Nuggets believeZero-Knowledge Proofs (ZKPs)are []

Payments and identity company Nuggets recently announced that its working with the Bank of England (BoE) to develop an identity and privacy layer for its central bank digital currency (CBDC). The balance between user privacy and the central banks need to know who is transacting for AML/CTF purposes is difficult, and Nuggets believeZero-Knowledge Proofs (ZKPs)are […]
The post Bank of England is working on CBDC identity layer appeared first on Currency Insider.

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