Algorand and Hedera Tested by Sweden’s Central Bank for Retail CBDC Solutions thumbnail
Algorand and Hedera Tested by Sweden’s Central Bank for Retail CBDC Solutions
cryptonews.net
used it to represent the decentralized design A research paper titled “Potential Climate Impact of Retail CBDC Models” tests Algorand and Hedera as a representation of the e-Krona model and its decentralized design. At press time, 130 countries had explored the possibility of rolling out a CBDC, rep
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  • used it to represent the decentralized design
  • A research paper titled “Potential Climate Impact of Retail CBDC Models” tests Algorand and Hedera as a representation of the e-Krona model and its decentralized design. At press time, 130 countries had explored the possibility of rolling out a CBDC, representing 98% of the global GDP.
  • the Sweden e-Krona is being designed with three distinct models namely: a highly centralized design, a semi-centralized design, and a decentralized design.
  • To access the potential electricity use of conceptual semi-centralized and decentralized designs of e-Krona, Hedera was used to represent the model.
  • The access to the network is limited to these actors, thereby reducing the risk of external attacks.

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