European Central Bank chooses Amazon and 4 other firms to prototype digital euro app
Cointelegraph
Published Sep 16, 2022 03:00PM ET
Updated Sep 16, 2022 04:40PM ET
The European Central Bank, or ECB, has announced it will be collaborating with five companies for the development of potential digital euro user interfaces.
In a Friday announcement, the ECB said it had chosen "Big Four" tech company Amazon (NASDAQ:AMZN), fintech firm Nexi (BIT:NEXII), Spanish digital bank CaixaBank, French payments platform Worldline and the European Payments Initiative, or EPI, to each focus on developing a prototype based on specific use cases of the digital euro. According to the central bank, the firms will create front-end prototypes, which will not be used in later phases of the digital currency project.
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Written By: Cointelegraph
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