"It's time we opened up this sector to innovation from the regulated financial services sector,” states Anthony Culligan, chief engineer and co-author of SETL’s new whitepaper
The new test demonstrated that DLT could be used to issue CBDC in connection with existing infrastructures such as T2S, where listed securities are delivered
"Our aim is to work with key industry partners, to improve on existing legacy technology and to drive digital transformation across the market" says Marjan Delatinne
According to SIB, with the emergence of Bitcoin and the recently proposed digital currencies, central banks have growing competition from actors offering their own digital alternative to physical cash
Citi and CACEIS acted as the participating commercial banks to purchase CDBC tokens from Banque de France. CACEIS also acted as the custodian of the Groupama funds
SETL has delivered on its administration plans, completing a corporate restructuring programme
SETL will be focusing resources on developing and funding the establishment of the ID2S and IZNES platforms in Paris
SETL has developed the establishment to ID2S and IZNES platforms in Paris
Collaboration was a big focus at The Network Forum Annual Meeting. Find out what happened at this year’s event