Regulated Liability Network identifies proof-of-concept use case with digital pound By Cointelegraph

The Regulated Liability Network (RLN) has completed its United Kingdom discovery phase and is prepared to proceed to a use case with a retail central bank digital currency (CBDC), according to its latest report. The RLN project seeks to accommodate central bank, commercial bank and regulated non-bank transactions operating within “partitions” on a single network.

The RLN is a regulated financial marketplace infrastructure in the U.K. with contributors from financial institutions worldwide. It is supported by the advocacy group UK Finance.