BIS Announces Results of Project Aurum Phase Two
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On October 13, 2026, the BIS released the results of the second phase of Project Aurum. The project's early prototype combined cryptography with zero-knowledge proofs to verify payments without disclosing the names associated with transactions or the amounts. Users still opened accounts through conventional banks, which completed identity verification and retained the relevant records; central banks could not access this information unless legally required to provide it. The BIS also noted that stronger privacy protection could result in slower transaction speeds, make programmable functions more difficult to build, and make wallets harder to recover if lost. Currently, Project Aurum has not been released or commercialized.
AI-written from reports · updated 5 days ago
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- CryptopolitanFrom “Absolute Control” to Zero-Knowledge Proofs: BIS Uses Project Aurum to Reframe Its CBDC Privacy Messaging
BIS has released the results of the second phase of Project Aurum: its early prototype combines cryptography and zero-knowledge proofs to verify payments without disclosing the names and amounts associated with transactions. Users still open accounts through conventional banks, which conduct identity verification and retain the records; the central bank cannot access this information unless legally required to provide it. The project has not yet been released or commercialized, and stronger privacy could slow transactions, make programmable features more difficult to build, and make lost wallets harder to recover.
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