Distributed Ledger Technology (DLT) Financial Inclusion Settlement 
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.
The Payments Association
JUNE 3, 2025
Das added that improved liquidity due to streamlined settlement processes will reduce the need for intermediary currencies and lower the transaction costs. These projects leveraged distributed ledger technology (DLT) to settle trades more quickly and securely, using delivery-versus-payment (DvP) mechanisms that reduce counterparty risk.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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.
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. Globally, over 130 countries are exploring, developing, or have launched CBDCs.
Clearly Payments
AUGUST 29, 2024
Wholesale CBDCs : These are designed for financial institutions and are used for large-scale transactions, such as interbank transfers or cross-border payments. Wholesale CBDCs could enhance the efficiency of the financial system by reducing settlement times and lowering costs. According to the World Bank, around 1.7
Fintech News
JANUARY 30, 2024
The development of these digital currencies signifies a major shift towards more inclusive and efficient financial systems. Prototypes and proofs of concept are being developed for payment systems based on distributed ledger technology (DLT).
The Fintech Times
JUNE 6, 2024
Project mBridge , a collaborative initiative involving multiple central banks and the Bank for International Settlements’ (BIS), h as reached an important development milestone. The platform now invites further international participation and private sector proposals for value-added solutions.
Expert insights. Personalized for you.
124 
Let's personalize your content