Skip to content
Buzz Blockchain
Menu
  • Home
  • Bitcoin
  • Ethereum
  • News
  • Currency
  • Blockchain
  • Interview
  • Press Release
Menu

Scotland Release CBDC On XRP Ledger

Posted on August 20, 2022

Scottish crypto startup ALBA have created a cross border settlements currency in collaboration with the Scottish Central Bank to anticipate the coming political separation of Scotland from the United Kingdom.

ALBA have a strong, capable team.

ALBA CEO Angus Cameron used to work at Consumer Applications at Google from 2017 to 2019, and held various positions at Yahoo! from 2007 to 2013. Angus formerly served as CEO of a Scottish media company, held management positions at a Scottish electronics distribution centre, and was an advisor to Rightmove property company. He currently serves on the Board of Directors of Anytime Fitness and Match.com and has held board positions at Gymshark and Ancestry.com

Next we have Head of Interbank relations Clare Rothschild. Clare has over 7 years of experience in cryptocurrency investment management. Clare wants to lead the effort to create Scotland’s new currency, The ALBA. After resigning from the bureau of Engraving, Clare received an award for her role in helping in the design of the federal reserve notes. Clare was the highest rated member of the Federal Reserve’s Investments Team during the 2020 financial crisis. Clare is currently completing a report with the World Economic Forum to help investment bankers prepare for the next pandemic. Clare rejected the opportunity for advanced study at Harvard University with a focus on Real Estate and Finance for her role in creating the new Scottish cross border currencies at ALBA.

Clare is now the Head of Interbank Relations at ALBA and consults central banks regarding integrating central bank digital currencies with the XRP ledger.

Clare believes in integrating a new Scottish paper currency alongside the new digital currency, the ALBA and believes that Scotland should act quickly to become the first country to implement their new currency before the next financial crisis caused by US dollar hyperinflation.

Next we have Scotland’s monarch Julia Windsor. Julia Windsor is ALBA’s correspondent Central Bank Co-ordinator. Julia left the Bank of England for her role at ALBA after being disappointed with the Bank of England’s support for Scotland during the pandemic. Julia believes much of the funds intended for Scottish food banks went to the English Royal Family for upkeep of properties and legal fees. Julia was also upset at the lack of available financing for Scottish entrepreneurs and investors.

Julia wants to vote no in the referendum and help to create an interoperable Scottish currency alongside the Great British Pound and XRP. Julia believes Scotland should stay in Britain to keep a unified military, police service and control of the borders. The existing British pound can be used to fund government necessities while the Scottish ALBA can be used as a store of wealth, backed by Scotland’s natural resources and property.  Julia will be working with the Bank of England to ensure smooth operations between the Pound and ALBA, in the case of a YES or NO vote.

George Boyd is ALBA’s chief economist. George studied at Edinburgh University and has over 20 years of experience advising clients on international growth strategies, and has been an economic advisor to Fortune 500 companies about inflation in global markets. George believes the pound is headed for serious trouble, with Pound inflation forecasted to be 13% in 2022.

George said “Scottish investors are seeking safety in the ALBA as a replacement for their overvalued properties. I think this is a trend that will continue as we head into the referendum.”

Whatever happens with the referendum, it’s clear that Scottish investors are preferring the ALBA to the highly inflationary pound

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • $PUPI Rises as Linea’s First Character-Driven Meme
  • KaJ Labs Signals Ecosystem-Wide Standards Initiative for AI-Orchestrated Web3 Platforms
  • LAX Explores Dynamic Merchant Escrow Layer to Support Conditional Web3 Settlements
  • LAX Establishes Merchant Identity Infrastructure Roadmap for Retail Web3 Adoption
  • Good Tokens Announces Governance Initiative to Enhance Community-Directed Impact Allocation
  • LAX Signals Infrastructure Preparation for Adaptive Risk Mitigation in Crypto Payments
  • LAX Announces Strategic Expansion Toward Dynamic Liquidity Routing for Merchant Settlements
  • LAX Launches Merchant Settlement Framework to Accelerate Web3 Retail Adoption
  • Good Tokens Demonstrates How Decentralized Systems Can Power Measurable Good
  • The “KICK” Phenomenon: Why This Solana Breakout is Capturing the Market’s Attention
  • LAX Introduces Adaptive Payment Layer to Power Next-Generation Web3 Transactions
  • Colle AI Reframes How Creators Scale NFT Production Across Chains
  • LAX Enhances Digital Payment Architecture for Scalable Web3 Commerce
  • Good Tokens Enhances Accountability Tools for Impact-Driven Applications
  • Good Tokens Expands Blockchain and AI Initiatives to Support Global Good
  • Good Tokens Advances Transparent Digital Infrastructure for Real-World Impact
  • Crushed by Crypto Losses? Unleash No-Code Crypto Backtesting on Cointester.io
  • ElmonX Launches “Vitruvian Man” — Leonardo da Vinci’s Iconic Study of Human Proportion Reimagined as a Digital Collectible
  • GAIN Crypto Secures U.S. FinCEN MSB Registration as Global User Base Surpasses One Million, Marking a New Phase for Compliant and Scalable Decentralized Futures Trading
  • The Technology Behind Wemine’s Crypto Mining Hosting Platform
  • Good Tokens Enhances Accountability Tools for Technology-Enabled Social Initiatives
  • Observing an Early-Stage Crypto Platform: A Personal Review of Synthesz
  • Good Tokens Expands Blockchain and AI Initiatives to Support Global Impact Programs
  • Strayacoin ($NAH) Launches Easy-Access Faucet — Get Free $NAH Without Mining!
  • Good Tokens Advances Transparent Digital Infrastructure for Social and Humanitarian Use
  • Good Tokens Broadens Adoption of Blockchain-Based Solutions for Global Good
  • PUPI Presale Launches January 17 via Gempad
  • Good Tokens Enhances Accountability Tools for Technology-Enabled Social Initiatives
  • Mansa AI (MUSA) Developer Submits $400M Strategic Offer for CoinGecko Acquisition
  • Good Tokens Expands Blockchain and AI Initiatives to Support Global Impact Programs
  • FOMO Builds as Weewux and OMIX Gain Massive Traction Ahead of 2026 Launch
  • OneStep ($ONE): From Childhood Toy to Meme Coin on Solana
  • PUPI Launches Public Presale on January 17 With Dual-Chain Support on Ethereum and Linea
  • GIRAFFE AI LABS Recognized as a Global Leader in Web3 Financial Infrastructure
  • FaithBanc Global Announces the Launch of FaithBanc Dollar™ and Expands Its Global Faith-Aligned Digital Banking Platform
©2026 Buzz Blockchain | Design: Newspaperly WordPress Theme