According to Al Jazeera, the Central Bank of Iran plans to launch a "digital riyal" pilot in the next few days. Iranian officials hope that through the digital riyal, they can achieve better control over their national currency and provide new opportunities for financial participants. The digital riyal will run on the Borna platform, which is based on Hyperledger Fabric, an open-source enterprise blockchain platform launched by IBM. The digital riyal will be based on distributed ledger technology. According to Saeed Khoshbakht, one of the developers of Borna, four banks will be formulated as nodes to jointly run the distributed ledger of the digital riyal in the future, and the number may continue to increase. In addition, the platform will support smart contracts in the future and allow fintech companies to provide services within the framework of the platform and reform the current charging model in the country's financial sector.