A pilot application will be made in the Digital Turkish Lira System Development Project carried out by the Central Bank of the Republic of Turkey (CBRT) and Turkey’s leading technology institutions. The CBRT came together with domestic technology companies to produce the digital Turkish lira.
According to the news in AA, the Digital Turkish Lira System Development Project of the CBRT continues with the partnership of HAVELSAN, ASELSAN and TÜBİTAK BİLGEM.
Digital Turkish Lira System Development Project Work Continues
Digital Turkish Lira System Development Project, which continues rapidly after the protocol signed about a year ago’ HAVELSAN also undertakes the responsibility of the Digital Turkish Lira Development Project on cyber security and data analytics.
HAVELSAN assumed the responsibilities of preparing the infrastructure for the Digital Turkish Lira Network, installing the Distributed Ledger Platform for this network, preparing smart contracts and back-end applications to work with the platform.
Performing the tasks of preparing and integrating prototype digital identity management infrastructure, preparing mobile wallet application, HAVELSAN also tests digital money issuance, distribution, online payment/transfer and redemption scenarios, execution of pilot application process, system performance and takes part as both support and developer on issues such as reporting user experience metrics.
Pilot Application Tests Will Be Performed
Within the scope of the project, HAVELSAN servers will be the environment where development, test, simulation and business tracking tools will be made available to the project stakeholders. .
Intrusion detection, event monitoring and analysis, vulnerability control, security analysis, leak detection, penetration testing will also be carried out within HAVELSAN.
Within the scope of the first phase pilot implementation studies, the prototype “Digital Turkish Lira Network” will be established at the CBRT and narrow-scope and closed-circuit pilot tests will be carried out with technology stakeholders.
Following the creation of the narrow-scoped Digital Turkish Lira Network, participating stakeholder institutions aim to carry out digital currency transactions of their employees and to measure system performance with user experience.
It is aimed to use the digital Turkish lira first as a pilot application by the employees of the institutions collaborating on the project, and to provide the employees with the opportunity to shop through the digital wallet to be defined for them.
