Remove AML Remove Distributed Ledger Technology (DLT) Remove Stablecoins
article thumbnail

SC Ventures and G+D Complete Pilot on Different Types of CBDC Systems

Fintech News

The project tested the feasibility of conducting multilateral cross-currency transfers through the UDPN, involving both Distributed Ledger Technology (DLT) and non-DLT-based CBDC technologies. The PoC explored two models.

CBDC 116
article thumbnail

The Corporates Betting On Blockchain To Reshape Capital Markets Infrastructure

CB Insights

Distributed ledger technology (DLT) — which uses tech like blockchain to verify transactions without the need for a centralized authority — is gaining traction as a way to revamp capital markets infrastructure by making it more streamlined, improving transparency, and reducing associated fees.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Blockchain Companies Poised To Transform Capital Markets Infrastructure

CB Insights

But a growing number of companies want to employ distributed ledger technology (DLT) — which uses tech like blockchain to offer a simpler, streamlined way to verify transactions — to upend this status quo. Fill in your details here to get more information. First name. Company Name. Phone number.

article thumbnail

5 Top Payment Trends Impacting Asia in 2024

Fintech News

Prototypes and proofs of concept are being developed for payment systems based on distributed ledger technology (DLT). Singapore stands out as one of the countries conducting advanced trials in digital currency projects, including wholesale CBDCs , purpose-bound money , and stablecoins.

article thumbnail

Rewiring the cross-border payments paradigm: Risk and security in correspondent banking confirmation

The Payments Association

Other persistent obstacles include inconsistent anti-money laundering (AML) rules and sanctions regimes across jurisdictions, which generate conflicting alerts and limit the scope for automation. Everything is becoming fasterthe technology is out there, said Khorsan. Stablecoins: Solution or shortcut?