Project Cedar event
Overview
Project Cedar is a research initiative by the Federal Reserve Bank of New York's New York Innovation Center to explore the potential of distributed ledger technology for wholesale central bank digital currency (CBDC) settlement. It is a proof-of-concept, not a live CBDC, focusing on atomic settlement and interoperability.
Within the DeFi Intel graph, Project Cedar connects to 2 tracked entities, most strongly to Monetary Authority of Singapore, BIS Innovation Hub.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
participates_in | Monetary Authority of Singapore | 95% |
participates_in | BIS Innovation Hub | 95% |
Frequently asked questions
What is Project Cedar?
Project Cedar is a research initiative by the Federal Reserve Bank of New York's New York Innovation Center to explore distributed ledger technology for wholesale central bank digital currency settlement. It is a proof-of-concept, not a live CBDC.
What does Project Cedar focus on?
Project Cedar focuses on atomic settlement and interoperability for wholesale CBDC settlement.
Which organizations does Project Cedar participate with?
Project Cedar participates in the BIS Innovation Hub and the Monetary Authority of Singapore.