We officially presented our work on the Tourbillon Project, exploring how to improve cyber resiliency, scalability and privacy in a prototype retail CBDC system.
There was fantastic collaboration between Bank for International Settlements – BIS, Currency Network Ltd, IBM Consulting and IBM Research. As well as impressive teamwork to make the project & live demo so smooth.
The Tourbillon app was extensively used over several hours by hundreds of users to purchase project items using CBDC. It was a magic moment. We were so happy to see great enthusiasm among the central bankers, regulators, advisors and entrepreneurs to use the app and have a feel of the actual process.
Watch this space for the official project report later this autumn, that will detail our work.
Kudos to all teammates involved: Robert Oleschak, Mike Alonso, Animesh Ghosh, Rajib Ghosh, Sibabrata Banerjee, Banasree Ghosh, Sergey Iglov, Elli Androulaki, Angelo De Caro, Fabio Keller and Joris Huynh