The Australian and New Zealand (ANZ) banking group has accomplished its use case within the pilot undertaking led by the Reserve Financial institution of Australia (RBA) and the Digital Finance Cooperative Analysis Middle utilizing central financial institution digital forex ( CBDC). ANZ in partnership with Grollo Carbon Ventures (GCV) to commerce carbon credit.
ANZ tokenized Australian Carbon Credit score Models (ACCUs) and GCV used its A$DC stablecoin to commerce carbon credit on a public blockchain with out permission. The settlement occurred “close to real-time through ANZ good contracts”, the financial institution stated. The Australian CBDC was used to assist A$DC. Nigel Dobson, ANZ Head of Banking, stated:
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