Norway Releases Source Code for Digital Krone Sandbox, Utilizes Ethereum Tech...
A crypto company working with the central bank of Norway has published the source code for the sandbox created to trial the digital version of the Nordic nation’s fiat currency. The prototype digital krone is being built on the Ethereum network and the regulator wants to test various technologies and evaluate the potential impact on financial stability. Norges Bank, Nahmii Fintech Provide Access to Source Code for CBDC Sandbox Developed for Norway Norway’s monetary authority, Norges Bank, and the Norwegian company Nahmii AS have made public the source code for the....
Related News
The deputy governor of the Norges Bank said there's no urgent need for the nation to launch a digital krone in a speech Thursday.
The prototype infrastructure for Norway’s central bank digital currency is based on Ethereum, the Norges Bank officially stated. The central bank of Norway has hit a major milestone in digital currency efforts, releasing the open source code for the country’s central bank digital currency (CBDC) sandbox.Available on GitHub, the sandbox is designed to offer an interface for interacting with the test network, enabling functions like minting, burning and transferring ERC-20 tokens, the Norges Bank’s official CBDC partner Nahmii said in a blog post.Nahmii stressed that the current version of....
Cryptocurrency exchange Binance is discontinuing certain offerings in Norway. The news comes amid regulatory pressure around the world which the global trading platform is working to address. The company is also dropping Norwegian from its website’s language options. Crypto Exchange Binance Suspends Product and Service Offerings in Norway Binance, the world’s leading digital asset exchange in terms of daily trading volume, has announced it will no longer offer some products and services in the Norwegian market. The changes come into effect “immediately,” the....
Norway’s largest bank DNB ASA, simply known as DNB, introduced a new feature on its app called Vipps, which enables anyone in the country to pay businesses with credit cards or bank accounts. The app, which operates like PayPal, can be used to send payments to anyone in the region by simply entering a mobile number, email address or a username. Norwegians can now purchase Bitcoin with credit or debit cards through Bitcoins Norway, without any excessive user verification and authentication. How to purchase Bitcoin in Norway? Bitcoins Norway, a prominent Norwegian Bitcoin exchange, has....
Privacy-centered digital currency Darkcoin (DRK) is now a fully open-source cryptocurrency as it unveils its source code and moves out of the beta stages of development. Last Monday, Darkcoin' s developers released its latest version called RC5. Following this release, the developers believed their software was ready for mainstream use and decided to open the source code of its key technology, Darksend, according to a press release. Just as Bitcoin, developers can now build upon Darkcoin's source code. Introduced in January 2014, Darkcoin is a privacy-centered P2P cryptocurrency, initially....