The Bank of Ghana has been adjudged the winner of the Innovation in Digital Currency Design for Financial Inclusion by Currency Research.
This occurred at the 2024 Payment, Innovation and Technology Week.
The award was on account of the Central Bank’s compelling demonstration of the eCedi’s design elements, encompassing governance, accessibility, (online and offline), interoperability, and infrastructure with the potential to promote financial inclusion.
The award was also in recognition of the BoG’s ecosystem engagement approach.
This included the participation of banks and payment service providers during the eCedi pilot; the eCedi Hackathon, which invited the public to demonstrate their innovative ideas using the eCedi; and the live trial experience of the eCedi during the 3iAfrica Summit where participants were able to make payments for goods and services at the 3i Africa Summit Digital Village.
The 2024 Payment, Innovation and Technology Week was held in London, United Kingdom.
The Currency Research is an independent leading global provider of premium conferences for central banks, regulators, payment operators and other key companies regarding the subjects of cash and payments.
It aims at stimulating and encouraging thoughtful discussions to achieve global change. In addition to conferences, it also specialises in the provision of consultancy services and trainings on cash and payments and complements these activities with its thought-provoking publications and industry reports.
On the other hand, the Payments, Innovation and Technology Week was aimed at exploring trends and research in digital currency use and Artificial Intelligence (AI) Applications for central banks
Latest Stories
-
Prioritising Mental Health in the Workplace – The Role of Nutrition
6 mins -
2025 AFCON: I can’t ‘imagine’ Ghana not qualifying – CK Akonnor
6 mins -
‘The environment wasn’t healthy for me’ – Laryea Kingston on U-17 resignation
14 mins -
Allied Health Professions Council decries high rate of unemployment among professionals amidst workers’ exodus
16 mins -
AFCON 2025Q: Ghana can beat Sudan convincingly – CK Akonnor
24 mins -
Akufo-Addo must give instructions, not only enforcements to fight galamsey – KNUST-UTAG President
31 mins -
Mankessim Waste Treatment Plant to generate $750,000 in carbon credits
37 mins -
Education Ministry spokesperson Kwasi Kwarteng called to the bar
38 mins -
14-year-old promotes peace as chair of Peace Council Board
46 mins -
BoG orders Kwahumanhene to resign as ADB Board chair over alleged GH₵2m extortion
53 mins -
Playback: National Election Security Roundtable
1 hour -
AG orders EPA to lay L.I. on mining in forest reserves in Parliament for revocation
1 hour -
Biashara Afrika: 30 more countries join AfCFTA’s Guided Trade Initiative
2 hours -
Chieftaincy Ministry inaugurates six traditional councils in the Volta region
2 hours -
Kwahumanhene allegedly uses ADB Board Chair role to extort GHȼ2m from loan applicant
2 hours