National Bank of the Kyrgyz Republic

08/22/2024 | Press release | Distributed by Public on 08/22/2024 03:54

The Digital SOM Project Group announces the

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Creation date: 2024-08-22

The Digital SOM Project Group announces the

Digital SOM Ideathon

(ideas/cases for testing the digital som platform)

We invite all interested participants to contribute to the Digital SOM Ideathon. This is an opportunity to present your proposals and solutions during the preparatory phase of testing the digital som prototype-a Central Bank Digital Currency (CBDC).

The aim of the project is to ensure technological improvement of existing payment solutions and innovations, and at the testing stage to take into account the interests of citizens, business, government and the financial sector.

Areas for proposal submission:

- integration of the digital som with other systems:possible platforms, protocols and methods for integration with existing systems.

- security and data protection: proposals to ensure privacy and security of transactions using the digital som.

- user experience and accessibility:suggestions for improving the user journey, interfaces, usability, and accessibility of the digital som for different user categories.

- integration with international systems:ideas for interoperability with other digital currencies and international payment systems.

- other solutions:we welcome additional innovative solutions.

Download the Application Form: Click here to download the application form.

Please submit your applications by September 20, 2024, to [email protected] with the subject line «Digital SOM Proposals». Attach a completed application form and a presentation of no more than 5 slides are welcome. The best proposed ideas/cases for piloting the digital som will be discussed with the applicants and tested on the digital som platform.