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Digital Rupiah Inches Closer with Successful Completion of PoC

Fintech News

Indonesia has reached a significant milestone in its journey toward exploring the potential of Central Bank Digital Currencies (CBDCs) with the completion of the Proof of Concept (PoC) for the wholesale Digital Rupiah under the auspices of Bank Indonesias Project Garuda.

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France’s Central Bank Latest To Ponder A Digital Currency

PYMNTS

The First Deputy Governor of the central bank of France, Denis Beau, spoke in support of a blockchain-based settlement system that would allow for faster transfers of euros, as well as be more cost-efficient, according to a report by Yahoo!

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Central Bank Digital Currencies (CBDCs) in 2024

Clearly Payments

Central Bank Digital Currencies (CBDCs) have received attention in recent years as central banks worldwide explore the potential to evolve the way we conduct financial transactions. With the rise of digital payments, cryptocurrencies, and fintech innovations, CBDCs represent a new frontier in the evolution of money.

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RTP, Blockchain Make Inroads Within Corporations

PYMNTS

PYMNTS examines the latest initiatives that look to improve upon existing rails, or embrace new ones like blockchain and RTP. Mastercard Leads Central Bank Digital Currency Test. Zero Hash is a digital assets technology company offering solutions for FIs and other service providers in a Software-as-a-Service business model.

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80+ Companies Shaping The Blockchain Landscape

CB Insights

Blockchain companies raised more venture capital and private equity funding in H1’21 than any full year in history. download our best of blockchain research. download our best of blockchain research. But blockchain’s potential extends well beyond crypto and NFTs. First name. Company name. Phone number.

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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.

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Ripple Announces Line Of Credit Offering

PYMNTS

Enterprise blockchain service provider Ripple on Thursday (Oct. 8) announced a beta offering called Line of Credit that it says lets its FinTech customers use the XRP digital currency to send cross-border payments. The service is not available to individuals.