The European Central Bank (ECB) is working on a special digital system for money! Imagine a super-fast, secure way to move money around Europe using a special type of technology called blockchain. It's like a digital ledger that everyone can see but no one can cheat!
- The ECB wants to make it easier and safer to send money using this new system.
- They're testing it out with many banks and companies.
- This could help create a better European market for digital money.
| Fact | Details |
|---|---|
| Project Goal | Build a secure digital money system. |
| Participants | 64 banks, companies, and tech experts. |
| Timeline | Ongoing, with initial tests already completed. |
