Bank Of Ghana Conducting Pilot Test Of E-Cedi Offline Feature In Western North Region

Last year, the Bank of Ghana (BOG) started piloting their Central Bank Digital Currency (CBDC), the E-Cedi. The BOG has stated that it’s currently testing the E-Cedi offline feature in the Western North Region in a town called Sefwi Asafo.

For the online features, BOG’s E-Cedi testing is limited to Vodafone Cash users, CalBank customers, and IT Consortium in Accra and Tarkwa in the Western Region.

The E-Cedi’s offline feature will allow users to make use of digital currency without the requirement of the internet. Select users in Sefwi Asafo are testing the E-Cedi to purchase food, groceries, and drinks.

Pilot testing of the E-Cedi s expected to be completed before the end of the year. There’s expected to be an official app for users to use to make purchases.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Previous Article

Interview With Kadry Diallo, Co-Founder of ANKA

Next Article

Could South Africa's Proposed Ban On DSTV’s Exclusive Sports Rights Make Way For Competitors Like Amazon Prime?

Related Posts