Asian Development Bank: Project Tridecagon — Connecting Payment and Settlement Systems of 13 Asian Countries with DLT/Blockchain

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…

Bank of Japan: Pursuing Safety and Efficiency of the Payment and Settlement System as a Whole

In 2016, the Bank launched the FinTech Center in the Payment and Settlement Systems Department. Since its inception, the Center has engaged in efforts to encourage novel technologies that would contribute to the further convenience and efficiency of financial…

Central Bank of the Future Project Examines Technology and Financial Inclusion

The central bank of the future must adapt to changing technologies to provide a financial system that works for all. Over the last three years, the University of Michigan’s Center on Finance, Law & Policy (CFLP) and the Bill and Melinda Gates Foundation…

Regulatory Collaboration on Innovation in South Africa: The Whole is Greater Than the Sum of its Parts

During 2016, the SARB became increasingly involved in working groups with international standard-setting bodies focused on fintech innovation, which prompted reflection on the potential implications for South Africa, the region and the continent. The…

The Italian Banking Association’s Spunta and Digital Euro Projects

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…

The Central Bank of Azerbaijan Accelerates Digital Transformation with the First Blockchain-Based Digital Identification System in Azerbaijan

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…