Mastercard and Reserve Bank of Australia Test CBDC on Ethereum Utilizing ‘Authorized Parties’
Payments processing giant Mastercard and the Reserve Bank of Australia (RBA) have successfully tested the interoperability of a central bank digital asset (CBDC) and the ability to restrict the use of that currency to “authorized parties.” Mastercard’s solution enabled the holder of a pilot CBDC to purchase a non-fungible token (NFT) listed on Ethereum (ETH),...