In June this year, the Asian Development Bank (ADB) published the report Connecting Market Infrastructures in ASEAN+3: The Project Tridecagon Proof of Concept. The report explained the result of the proof of concept (POC), which aimed to connect key market…
Cryptobanknotes are the first generation of hybrid banknotes produced using banknote printing technologies and blockchain technology. They will have their own e-wallet and interact with it using software, thanks to machine-readable codes printed on the…
In 2021, the Oesterreichische Nationalbank (OeNB) joined forces with OeKB CSD GmbH, the Austrian Treasury (the Republic’s debt management office OeBFA), Raiffeisen Bank International AG and Erste Group Bank AG to launch DELPHI, a joint research project…
How the industry is charting the course for transformative payments in 2022 and beyond with Discover® Global Network, EMTECH, FIS, ProgressSoft, RTGS.global, StoneX, Tietoevry, and Visa.
Like any other disruptive innovation, when a newly emerging phenomenon is addressed, the recommended approach is an experimental exploration. Central banks worldwide are now engaging in this process, as experts have yet to determine the specific steps…
Disruptive technologies. Even better, technology that explicitly aims to disintermediate traditional banks. There are three possible reactions: you can simply ignore it, you may hope they disappear, or you can try to understand and embrace the change. In…
As one of the priorities of the State Program, the Central Bank of the Republic of Azerbaijan (hereinafter—Central Bank of Azerbaijan) implemented the Blockchain-based Digital Identification System (hereinafter—DIS) to increase financial inclusion and…
