POST Privacy eAUD

In their White Paper on the eAUD pilot, the Reserve Bank of Australia (RBA) and the Digital Finance Co-operative Research Center (DFCRC) in the Australian Government’s Department of Industry, Science and Resources set out an environment based on a private, permission Ethereum ledger. This platform will allow the third-party providers of end user services a variety of privacy options in which transactions and balances are or are not visible to other users depending on the use cases, although the RBA will in all instances have visibility over transaction values and account balances (though not the underlying identity of eAUD holders, which is held by the use case provider and/or KYC provider.)