Testing The National Digital Currency In Ukraine Completed

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January 31, 2022
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Testing the project of the national digital currency central bank of ukraine completed. This was aware of the director of the department of payment systems and innovative development of the national bank of ukraine alexander yablonovsky.

Testing The National Digital Currency In Ukraine Completed

He said that «advanced project» testing of electronic hryvnia (e-hryvnia) successfully completed. Now the bank will analyze all errors and will continue to work on improvement of the national digital currency.

The pilot version was launched at the end of 2018. Objective testing – evaluate the prospects for the practical use of e-hryvnia. According to jablonovsky, according to the results of the experiment, an analytical note was compiled. The national bank of ukraine will consider it and continue to work in the appropriate direction.

An analytical note describes in detail the results of the pactical pilot project and also contains information about the main global trends in this field. In addition, the expert pointed out that around the world today here is no unified strategy for the creation and development of national digital currencies. Thus, according to him, the central bank is repelled from the results of practical research.

Research project aimed at studying the prospects for the introduction of electronic hryvnia, started in 2016. The government of the state believees that such an alternative to the fateful currency will help reduce the costs of transactional costs in the process of carrying out monetary operations and will significantly accelerate them.

Meanwhile, on the background of the studied studied study of the spring last year, attackers created a fraudulent launch project «electronic hryvnia euah».

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