Ripple Partners with National Bank of Georgia to Research CBDC Technology and Use Cases
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Ripple partners with National Bank of Georgia to explore CBDC use cases and advance blockchain tech.
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National Bank of Georgia chose Ripple after a competitive selection process evaluating technology and expertise.
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Ripple's CBDC platform offers end-to-end CBDC solutions and is piloting programs with 5 other countries.
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Georgia is researching CBDCs to unlock business value and economic growth, taking a modular approach.
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No specified launch date yet for a Georgian CBDC as extensive R&D is still required.