Sweden, 2-September-2021:The central bank of Sweden with, the help of two other organizations from the financial sector, will carry out the second phase of the e-krona pilot. During the second phase of the pilot, the main task will be to trail “the technical solution for the e-krona” with the involvement of real market objects. With simulated participants to cooperate with real, external partners, the move signals a transition from the initial in-house testing.

The integration of payment flows development is one of the elements that will be tested during the first year of the pilot with the internal systems of the new participants. Its unique position in the Nordic financial ecosystem is noted by the Finland-headquarter company. Almost 70% of all Nordic bank transfers go through its payment system and, fintech allows the leading mobile payment providers in Sweden, Norway, and Finland.

Riksbank which is central to Sweden to integrate e-krona with the current banking infrastructure. Its role in the Swedish Payment infrastructure is well established while finding how to integrate a digital currency with the current banking infrastructure. Also looking forward to supporting this journey towards an inclusive digital currency that will be opened up for inventive and secure services. The study from the first phase highlights the continuing decline of cash usage in the country. Moreover, Riksbank emphasized the need to produce with the project. And ease the involvement of market performers expected to take part in the testing and make a connection with the e-krona network in the future.

About e-Krona
e-krona is a digital cryptocurrency of Sweden which will be accepted for online and in-store purchases. It is fully regulated and holds official cryptocurrency licensing, guaranteeing users with best prices and safe payment methods. Feel free to contact our 24/7 IT professional team if you have any transaction issues.

Website: https://ekrona.com/