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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Riksbank's Final Report on e-Krona Explores Offline Payment Solutions

Sweden's Riksbank concludes its e-Krona pilot, highlighting the development of offline payment technologies like "shadow wallets" and payment cards.

by Jessie A Ellis
Mar 21, 2024

cryptocurrency

Swedish Central Bank Completes Second Phase Testing of E-Krona

The Riksbank, Sweden's central bank, said it completed the second phase of the e-krona test, known as the e-krona, ready to be integrated into the banking network and facilitate transactions.

by Annie Li
Apr 07, 2022

CRYPTOCURRENCY

Riksbank's Final Report on e-Krona Explores Offline Payment Solutions

Swedish Central Bank Completes Second Phase Testing of E-Krona

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