Wholesale CBDC Project Agila is on track to be completed by the end of 2024, with the BSP looking to have it issued to banks and other financial institutions to enhance the country's payment system.
Day 2 of the Philippine Blockchain Week 2023 offers a glimpse of the future of the banking sector, the challenges that lie ahead, and the Philippines' exploration of AI technology.
The Philippines is pressing ahead with its wholesale CBDC project, announcing Hyperledger Fabric as its DLT and unveiling a string of financial institutions that are set to spearhead the pilot.
