• SC Ventures by Standard Chartered Bank and Giesecke+Devrient Complete the First Central Bank Digital Currency Transactions on the Universal Digital Payments Network

SC Ventures by Standard Chartered Bank and Giesecke+Devrient Complete the First Central Bank Digital Currency Transactions on the Universal Digital Payments Network

05. Dec 2023
SC Ventures by Standard Chartered Bank and Giesecke+Devrient (G+D) have successfully completed a proof-of-concept (PoC) on the Universal Digital Payments Network (UDPN) between different types of Central Bank Digital Currency (CBDC) systems.
Thorsten Neumann
CTO
SC Ventures
Dr. Raoul Herborg
Managing Director CBDC
G+D
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    Deutsche Bank and SC Ventures Complete First Digital Currency Transfer and Swap on the UDPN