Project Acacia
Sector: Financial Market Infrastructure • Location: Australia
Source: The Full FX
Project Acacia was led by the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre in collaboration with industry participants and regulators. It explored the potential benefits and efficiencies from tokenisation and digitisation in Australia's wholesale financial markets, including testing 20 wholesale tokenised asset market use cases across various asset classes. The pro
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Project Acacia was led by the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre in collaboration with industry participants and regulators. It explored the potential benefits and efficiencies from tokenisation and digitisation in Australia's wholesale financial markets, including testing 20 wholesale tokenised asset market use cases across various asset classes. The project demonstrated potential benefits such as faster settlement, reduced counterparty risk, improved capital efficiency, and automated asset servicing, and included pilot issuance of wholesale central bank digital currency on distributed ledger infrastructure. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |