Sveriges Riksbank, the central bank of Sweden, will carry out the next stage of its e-krona project with the help of two organizations from the financial sector. The move signals a transition from the initial in-house testing with simulated participants to cooperation with real, external partners.
Riksbank to Work With Handelsbanken and Tietoevry to Test E-krona
The main task during the new phase of the pilot will be to trial “the technical solution for the e-krona” with the participation of real market entities. To accomplish this, Riksbank has invited Handelsbanken, one of the country’s major banking institutions, and Tietoevry, a digital services and software company. In an announcement published Friday, the regulator noted:
Involving external actors as participants in the test environment will make it possible for the Riksbank to evaluate the integration between the participants’ existing systems and the technical platform for the e-krona pilot.
One of the elements that will be tested is the integration of