distributed ledger technology
The program will be folded in under current supervisory processes with “experts working alongside current supervisory teams to oversee banks engaged in novel activities”
Distributed ledger technology could also enhance cross-border transactions for CBDCs
Widespread adoption of tokenized assets and blockchain in global securities trade seems far off, but a top industry body appears confident
Company details theoretical Universal Payment Channel (UPC) that would support cross-border payments between CBDCs.