Ripple to Pilot Bhutan’s CBDC Using Private Ledger — CoinDesk

The private ledger, which is based on the open-source XRP Ledger, claims to be 120,000 times more efficient than standard proof-of-work blockchains making it desirable for a carbon-neutral approach, according to the release. The ledger seeks to provide central banks with “flexibility” and “control” without sacrificing financial stability and monetary policy objectives.

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