A multi-phase investigation on the settlement of tokenised assets in central bank money
Project Helvetia started a multi-phase investigation by the BIS Innovation Hub, the Swiss National Bank (SNB) and the financial infrastructure operator SIX. The project explored how central banks could offer settlement in central bank money in a future with more tokenised financial assets based on distributed ledger technology (DLT), focusing on operational, legal and policy questions.
The SNB has continued Project Helvetia with a Phase III, where real CHF wholesale CBDC is piloted. Phase III – without the involvement of the BIS Innovation Hub – started on 1 December 2023 and runs until 30 June 2024. Further Information can be found in the SNB website.
Overview of wCBDC experiment in Phase I and II
Project Helvetia Phase II: settling tokenised assets in wholesale CBDC
Innovation Hub project report · 13 de enero de 2022
Project Helvetia Phase I: settling tokenised assets in central bank money
Innovation Hub project report · 3 de diciembre de 2020