Friday, 24 March, 2023

Samsung participates in Bank of Korea's 'Digital Money' simulation test

<p>Samsung Electronics will take part in the Bank of Korea&#39;s simulation test study project on &quot;central bank digital currency (CBDC).&quot; In this test, Samsung Electronics is apparently aiming to see if CBDC works on smartphones. The Bank of Korea has put out a bid for a CBDC simulation study service provider. The project&#39;s overall budget is 4.96 billion won. The CBDC simulation project will be operated by Ground X, a Kakao subsidiary.</p> <p>&nbsp;</p>