LINE, one of the most popular messaging applications in Japan is currently in discussion with different central banks in Asia for launching a new blockchain platform that facilitates development of central bank digital currencies (CBDCs).

Article: Japan Messaging App LINE Launches CBDC Development Platform

LINE is not the first private players to work on a CBDC platform. Last month, payments processing giant MasterCard said that they are planning to launch a new testing platform for central banks to test their own national digital currencies.

Will other companies follows?