๐Ÿ’ปDecentralized Tech Setup

Each central bank independently manages its blockchain node, ensuring a decentralized network without a central controlling entity. The technology framework allows for operation within a secure sandbox environment, minimizing external connections except for essential communications with the blockchain network.

The blockchain embodies all business logic through immutable programs, with amendments possible only via unanimous governance agreement among all members. This ensures that any changes align with the collective interests of the union.

Central banks are required to appoint a technology stakeholder responsible for system review, testing, and deployment. This stakeholder will liaise directly with Clinq's IT department, ensuring a smooth technical onboarding and receiving continuous support throughout implementation and operation, guaranteeing a robust and collaborative technological foundation.

Last updated