The Central Bank of Montenegro (CBCG) and the American company Ripple continued their activities on the implementation of the national stability pilot project, the CBCG announced.
In the past few days, Ripple experts held two educational workshops in Podgorica, on the topics of Asset tokenization and Web3 finance (programmability), which were attended by representatives of financial service providers, state institutions, the private IT sector and the academic community.
The holding of these workshops, as announced, rounded off a series of educational events organized by CBCG and Ripple, through which participants had the opportunity to learn about blockchain technology and its possibilities.
Ripple’s Director for Central Bank Digital Currencies (CBDC), Anthony Welfer, expressed satisfaction with working with the Montenegrin team to continue activities related to the national stable currency pilot project.
“The main goal of the pilot project is for the Montenegrin administration, as well as the general public, to expand their knowledge and gain practical experience in the application of this type of digital currency, as well as to learn more about its possibilities, but also its inherent risks, especially in the context of its impact on valid regulations, cyber security and protecting the rights and privacy of end users,” Welfer said.
