Britain's central bank has set a budget of $244,500 for a 'proof of concept' wallet that will be able to hold and transact CBDCs, amid plans to launch a central-bank-backed digital currency by 2030.
a request for applications on the United Kingdom government's Digital Marketplace, a service where government organizations can solicit work for digital projects.
Of course, the wallet also has to demonstrate it can be loaded and unloaded with a CBDC along with being able to requestthrough an account ID or QR code and can be used to pay online with businesses. “No work has been done” on a CBDC sample wallet the bank said, and it “will not develop a user wallet itself.”
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