AFIN, R3 partner for CBDC testing

AFIN will launch a new digital currency sandbox in APIX.

The ASEAN Financial Network (AFIN) has partnered with global enterprise software firm R3 to allow banks and fintechs to build and test central bank digital currency (CBDC) applications.

This collaboration will provide financial institutions and fintechs on APIX with tools to build CBDC applications for new payment rails and multi-currency payment systems, the announcement read.

AFIN will launch a new digital currency sandbox in APIX, and R3 will be the first partner organisation to provide APIs for building applications using digital currencies.

Select APIs of R3 Sandbox for Digital Currencies, a learning and development platform for CBDC experimentation used by global financial institutions and regulatory bodies, will be listed on the API Exchange (APIX) from August 2021.

In addition, developers can create and edit code, integrating R3's APIs and others across different solution domains in APIX's marketplace through the cloud-based integrated development environment (IDE).

Follow the link s for more news on

ASEAN

ASEAN Financial Network

central bank digital currency

Also Read

Endowus Hong Kong’s client base increased sevenfold

PH cybercrime body, JuanHand ink MOA on combat fintech lending cybercrime

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit