By bringing together such a group under one platform, Mastercard aims to bring a “greater understanding” of the advantages and disadvantages of CBDCs, and how they can be implemented in a way that is “safe. seamless and useful”.
Inaugural members of the Programme include CBDC platform Ripple, blockchain and Wed3 software company Consensys, multi-CBDC and tokenised assets solution provider Fluency, digital ID tech firm Idemia, digital identity consultant Consult Hyperion, security technology group Giesecke+Devrient and digital asset operations platform Fireblocks.