Fintech News

JANUARY 9, 2025

Marking a pivotal point, Indonesias efforts underscore its drive to harness digital technologies for modernising payment systems while safeguarding financial stability and promoting inclusivity. Furthermore, the project aligns with broader economic goals by fostering financial inclusion and supporting sustainable growth.

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Distributed Ledger Technology (DLT) Multi-Currency Interoperability ISO 20022 128

The Payments Association

JUNE 3, 2025

These projects leveraged distributed ledger technology (DLT) to settle trades more quickly and securely, using delivery-versus-payment (DvP) mechanisms that reduce counterparty risk. Beyond technical proof points, these initiatives underscore the need for global interoperability.

CBDC 88

CBDC Cross-Border Central Bank Cross-Border Payments 88

Fintech News

MAY 11, 2025

With a strategic partnership with MoneyGram and other financial institutions, SBI Remit enables transfers to over 200 countries and regions. The company was an early adopter of distributed ledger technology (DLT), teaming up in 2017 with Ripple Labs and pioneering blockchain-based remittances from Japan to Thailand and Vietnam.

Cross-Border Payments 123

Cross-Border Payments Cross-Border APACS Distributed Ledger Technology (DLT) 123

Fintech News

DECEMBER 11, 2023

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

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 116

The Fintech Times

JUNE 6, 2024

This project aims to create a multi-central bank digital currency (CBDC) platform for instant cross-border payments and settlements, leveraging distributed ledger technology (DLT). This allows it to serve as a testbed for additional technology solutions and interoperability with other platforms.

Participant 45

Participant Distributed Ledger Technology (DLT) Cross-Border Payments CBDC 45

PYMNTS

AUGUST 29, 2018

First, some numbers and some observations, general ones, and then winnowed down through the financial sector. PwC writes in its “Global Blockchain Survey 2018” that responses from 600 executives across 15 territories are embracing distributed ledger technology (DLT) with enthusiasm.

Blockchain 40

Blockchain Distributed Ledger Technology (DLT) Financial Inclusion Interoperability 40

Fintech News

DECEMBER 15, 2024

This phase, part of the Immediate State of Project Garuda, focused on testing a distributed ledger technology (DLT)-based wholesale cash ledger system to assess its feasibility, security, and compatibility with Indonesia’s financial ecosystem.

CBDC 115

CBDC Distributed Ledger Technology (DLT) ISO 20022 Cross-Border 115