Project Aber
Saudi Central Bank and Central Bank of the U.A.E. Joint Digital
Currency and Distributed Ledger Project
The views expressed in this report are those of the authors and not necessarily the views of the Saudi Central Bank and Central Bank of the U.A.E.
This report cannot be used to present Saudi Central Bank and Central Bank of the U.A.E. viewpoint.
The report is also concerned with proving the technical feasibility of joint digital currencies only for Aber project scope. It is not a recommendation to any digital currencies.
Contents | |
Acknowledgements ......................................................................................... | |
Foreword............................................................................................................ | 5 |
Executive Summary ........................................................................................ | 7 |
Introduction .................................................................................................... | 11 |
Use Cases & Project Phases ....................................................................... | 15 |
Prior CBDC work ......................................................................................... | 19 |
Aber: Business Requirements .................................................................... | 29 |
Key Design Principles ................................................................................. | 34 |
Technology Assessment .............................................................................. | 38 |
Solution overview......................................................................................... | 46 |
Aber Evaluation............................................................................................. | 61 |
Observations & Learnings .......................................................................... | 73 |
Conclusion and Future Work ..................................................................... | 84 |
References ...................................................................................................... | 91 |
Project Aber Final Report | 2 |
Acknowledgement
We would like to express our gratitude to the six participating commercial banks in the two countries, which came together to execute this project; and the various teams from each of our central banks. We also extend our gratitude to IBM our partner in success.
Project Aber Final Report | 3 |
Project Aber: Final Report
Project Aber Final Report | 4 |
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original document
- Permalink
Disclaimer
Central Bank of United Arab Emirates published this content on 29 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2020 12:04:01 UTC