The Digital Dollar Project (DDP) has announced the launch of its Technical Sandbox Program launch, which will further explore the potential of the technical exploration of a U.S. Central Bank Digital Currency (CBDC) or the Digital Dollar.
According to the DDP, a nonprofit organization created to encourage research and public discussion on the potential advantages and challenges of a U.S., the Technical Sandbox Program will also involve some of the inaugural members that were drafted to explore case studies for the Digital Dollar. These include Digital Asset, EMTECH, Knox Networks, and Ripple.
The Sandbox Program is set to commence in October. The DDP will create a neutral environment where the proposed US CBDC can be evaluated regarding technology, business, and policy.
"The launch of our Technical Sandbox Program marks the next step in our effort to convene the private and public sector in the exploration of a central bank digital currency in the U.S.," said Jennifer Lassiter,...
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