Remove CBDC Remove Funds Transfer Remove Liquidity Management
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Indonesia Completes Rupiah Digital PoC, Advancing Wholesale CBDC Exploration

Fintech News

This marks a critical milestone in the exploration of a Central Bank Digital Currency (CBDC). The PoC tested two DLT platformsCorda by R3 and Hyperledger Besu by Kaleidoevaluating their ability to support key processes such as issuance, redemption, and fund transfers.

CBDC 111
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Digital Rupiah Inches Closer with Successful Completion of PoC

Fintech News

To achieve this, the PoC focused on three key processes: issuance, redemption, and fund transfers. The PoC demonstrated the transformative potential of DLT-based systems in improving liquidity management. Each platform exhibited distinct strengths. Another critical feature was the systems scalability and fault tolerance.