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Bank of England Opens Bids for CBDC Sample Wallet Proof of Concept

The Bank of England is seeking a proof of concept for a sample wallet for a Central Bank digital currency and will take applications through Dec. 23.

Key deliverables include a wallet mobile app for both Android and iOS, a wallet website, an example merchant website and a back-end server. The bank said it hasn't previously done any work on a sample wallet for a potential CBDC. The budget range for the initial five-month contract is 200,000 pounds ($245,200). 

Bank of England CBDC
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