The European Central Bank (ECB) has announced that it will partner with Amazon and four other companies to develop its interface. “Digital Euro App”
In its announcement on Friday, the ECB saidIt has selected “big four” tech companies like Amazon, Fintech Nexi, Spanish digital bank CaixaBank, French payment platform Worldline and European Payments Initiative, or EPI, to focus on developing a case-by-case prototype interface. The specific use of the digital euro which according to the Central Bank The company will build a prototype for the front-end that will not be used later in the cryptocurrency project.
ECB selects 5 companies based on “Specific capabilities” compared to 50 other front-end developers who responded to the central bank in April. Officials plan to complete the project in the first quarter of 2023 as part of a two-year trial phase indigital euro which is expected to end in October 2023.
The post European Central Bank selects Amazon and four other companies to develop a prototype of “The Euro Digital App” appeared first on Bitcoin Addict.