Excerpt |
---|
Planned: The The Future of Money: Tony Mclaughlin from Citi on the Regulated Liability Network |
Date
"The Future of Money"
...
As the contest between physical and digital money enters the endgame, a new phase begins – the contest between different forms of digital money. Central banks, commercial banks, fintechs, crypto natives and bigtechs will slug it out to capture future payment flows with very different conceptions of digital money. In the winner takes all digital economy, what form of digital money will come to dominate – it is a 5 way race between CBDC, commercial bank money, e-money, cryptocurrencies and stablecoins. This talk will explore the dynamics of the race and the prospects for the runners and riders.
RLN is a concept for a financial market infrastructure (FMI) facilitating digital asset transactions that connect deposits held at regulated financial institutions using distributed ledger technology. Participants include The NY Fed, BNY Mellon, Citi, HSBC, Mastercard, PNC Bank, TD Bank, Truist, U.S. Bank and Wells Fargo. Swift, the global financial messaging service provider, is supporting interoperability across the international financial ecosystem.
Hyperledger Financial Markets SIG Meeting on The Future Of Money
...