The Monetary Authority of Singapore (MAS) and the New York Innovation Center (NYIC) of the Federal Reserve Bank of New York has published the findings of their collaborative project, "Cedar x Ubin+," which focused on cross-border Central Bank Digital Currency (CBDC) payments. The research addressed challenges related to network autonomy, ...
According to research conducted by the Global Financial Markets Association (GFMA), incorporating distributed ledger technology (DLT) in traditional financial markets has the potential to deliver annual savings of up to $100 billion. Released on May 16, 2023, the research report was a collaborative effort between the GFMA, the Boston Consulting ...
On April 19, 2023, the Bank of England and the Innovation Hub London Center of the Bank for International Settlements (BIS) published a report on Project Meridian, a successful joint pilot project. The project tested a distributed ledger technology-based system for inter-institutional settlements, which the Bank of England will apply ...
