The Bank of Ghana (BoG) has been adjudged the winner of the Innovation in Digital Currency Design for Financial Inclusion Award.
A press release issued by the communications department of the BoG said the award was on account of the 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.
It said the award was also in recognition of the Bank’s ecosystem engagement approach, which included the participation of banks and payment service providers during the eCedi pilot.
It also said the eCedi Hackathon, which invited the public to demonstrate their innovative ideas using the eCedi and live trial experience of the eCedi during the 3iAfrica Summit also formed part of the basis of the award.
The award ceremony organized by Currency Research was held from 23rd to 26th September 2024 as part of the Payments, Innovation, and Technology Week celebration in London, United Kingdom,
The Payments, Innovation, and Technology Week aims at exploring trends and research in digital currency use and Artificial Intelligence (AI) applications for central banks.
However, 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 specializes in the provision of consultancy services and training on cash and payments and complements these activities with its thought-provoking publications and industry reports.
