Eaud

Australia made its first foreign exchange transaction using eAUD, the CBDC piloted in the country. The transaction was done using Canvas, an Ethereum Layer 2 that uses Zero Knowledge roll-up technology. Canvas CEO David Lavecky discusses the company's role in the country's approach to testing the use of central bank digital currencies.

May 25, 2023

Australia made its first Foreign Exchange Transaction using eAUD, the CBDC being piloted in the country. The transaction was done using Canvas, an Ethereum Layer 2 that uses Zero Knowledge roll-up technology. Canvas CEO David Lavecky discusses the project, noting "what's happening here is a pilot to investigate the benefits that come with it." Plus, Lavecky shares his outlook on broader retail adoption of this technology.

May 25, 2023