Remove Distributed Ledger Technology (DLT) Remove Innovation Remove Interoperability
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Digital Rupiah Inches Closer with Successful Completion of PoC

Fintech News

Marking a pivotal point, Indonesias efforts underscore its drive to harness digital technologies for modernising payment systems while safeguarding financial stability and promoting inclusivity. The PoC demonstrated the transformative potential of DLT-based systems in improving liquidity management.

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German Central Bank Joins MAS-Led Project Guardian

Fintech News

Launched in May 2022, Project Guardian brings together policymakers and key financial industry players to improve market liquidity and efficiency through the innovative use of technology. As the German member of the Eurosystem and the monetary authority for Germany from 1957 to 1998, the Bundesbank brings its expertise to the project.

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CBDCs in practice: What we’ve learned from the early movers

The Payments Association

In doing so, they risk missing the core innovation that digital money promises: the ability to transfer value directly, securely, and potentially without the need for intermediaries. Beyond technical proof points, these initiatives underscore the need for global interoperability. Flexibility is also crucial when it comes to custody.

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Key considerations for the adoption of digital currencies

Finextra

They will need to co-exist with existing clearing and settlement processes and infrastructures, and this means interoperability is crucial. The impact of DLT on existing market infrastructures In addition to delivering a new settlement mechanism, we see how DLT is catalysing the innovation of existing market infrastructures.

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HSBC Pilots Quantum-Safe Technology for Tokenised Gold

Fintech Finance

Last year, HSBC was the first global bank to offer tokenised physical gold to institutional investors using distributed ledger technology (DLT). Both launches use the technology of the HSBC Orion digital assets platform.

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Project Meridian FX: Joint Project by the Eurosystem and London Centres, and the Bank of England, to Test Synchronised Settlement in FX

Fintech Finance

The Eurosystem and London Centres of the BIS Innovation Hub, together with the Bank of England , have launched Project Meridian FX, to build on the findings of Project Meridian by focusing on foreign exchange (FX) transactions.

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

Fintech News

SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, and Giesecke+Devrient (G+D) successfully completed a proof-of-concept (PoC) on the Universal Digital Payments Network (UDPN). The PoC explored two models.

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