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Why 2023 Could Be a Pivotal Moment for Digital Assets? 📢 In a recent discussion at the Swiss National Bank's money market event, the potential of DLT to mitigate banking risks was explored. This comes hot on the heels of the emergency takeover of Credit Suisse, which narrowly prevented a major financial crisis. Looking ahead, this crisis in traditional #banking could be a turning point for digital assets. By enabling atomic settlement over the blockchain, we could see more financial transactions taking place on secure and transparent platforms. 🚀 👉 Find out more about why 2023 might be a pivotal moment for digital assets in our monthly House view: https://lnkd.in/eYPtbDKP #DLT #DigitalAssets #Blockchain #Crypto #Finance 

🌐 Societe Generale's Leap into #Crypto: SG-Forge. "Société Générale stands out as a beacon of innovation in the banking world, establishing SG-Forge alongside its traditional banking units." 🏦 Discover how Societe Generale - FORGE integrates tokenization and blockchain into core banking services, marking a new era of crypto-friendly banking solutions. Dive into the details below with Raphaël Bloch 👇

The second phase of Digital Euro has commenced, turning the page towards greater financial efficiency and inclusion. This isn't just an update; it's an evolution in banking. Will you be part of it? The second phase of the Digital Euro project is here, marking a big step towards greater financial inclusion and efficiency. This is more than a new currency - it's a game-changer in banking. Maintaining the balance between privacy and regulatory compliance is key. Ready for the ride? We sure are. Check out the blog post here: https://lnkd.in/diFJ_Fs2 Thanks a lot to Leon Heyn and Hans Christian N. #DigitalEuro #Blockchain #BankingTransformation

🔒 Breaking New Ground in Banking with #Blockchain! "Societe Generale - FORGE, the pioneering force behind Société Générale's crypto initiatives, now fully integrated within the bank's Global Banking and Investor Solutions" Learn about the transformative journey of SG-Forge and its role in shaping the future of digital assets in banking. Full story from Raphaël Bloch in the comments! 👇

We are excited that Marina Khaustova, COO of Crystal, will join @Karin Boonlertvanich from KASIKORNBANK for a fireside chat at Money20/20 Asia. They will explore the topic “The Key to the Future of Banking - How Banks Are Using Blockchain to Open Doors for Efficient, Compliant, and Interoperable Financial Services”. Date: 24 April Time: 15.30 Location: Money 2020 Asia Stay tuned for more updates and make sure to mark your calendars! #Money2020Asia #Blockchain #Banking #FinanceInnovation #FutureOfBanking

🔸 Episode 6 of Blockchain Unpacked is out now, and in #TradFi talks we find out why Deutsche Bank see value in exploring Web3. Listen to the full episode to find out more about; ✅ The tokenised economy and how it is real and growing ✅ How Asset tokenisation of financial instruments leads to efficiency, settlements and cost benefits ✅ Why Cash-on-ledger is increasingly an area of focus for the commercial bank ✅ Why managing private keys is a fundamental building block of the custody service ✅ How controls are a key part of the Deutsche Bank web3 program 👉 Website: https://lnkd.in/efZvwBE2 Nicolette Brown Marina Khaustova Anastasia Diundina Jason Boud #RiskManagement #RegTech #RiskTech #FinancialCrime #Conduct #BlockchainAnalytics #Tradfi

Project Mariana PoC Experiment: -Cross-border settlement using natively-issued wholesale CBDCs. Utilized: -Smart Contract -DeFi Automated Market Makers with 3 currencies liquidity pool Challenges: -Securities of bridges established for enabling interoperability between multiple DLTs with different protocols. https://lnkd.in/gtqeSrwt Imo: -Overledger by Quant might work well in enabling mApps development that work 'interoperably' in networks of DLTs (with highest grade of API gateway security). -HCS/HTS by Hedera might work well in tokenized financial future that utilized multiple DLTs (with highest grade of consensus-protocol security). -ODL by Ripple might work well for liquidity sourcing in settlement & clearance. -Upgradable smart contract by Casper Labs might work well for enterprise-grade agreement in services that requires continuous upgrades & improvements.

Cannot emphasize enough how important this is, not only for #digitalasset adoption, but for the banking infrastructure, especially in #emerging and fragmented economies. #DLT is obviously the future of financial markets offering transparency, security, and operational efficiency over the internet, opening doors for a more inclusive cross-border financial system. These advancements are key enablers of the asset #tokenization thesis preached by BlackRock, Morgan Stanley, etc. Your money and your assets will be digital, owned in cryptographically secured wallets.

Exciting News in FinTech and Blockchain! The Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland have successfully concluded Project Mariana. This groundbreaking project tested cross-border trading and settlement of wholesale central bank digital currencies (wCBDCs) using DeFi technology concepts on a public blockchain. Main things you need to know: • Project Mariana tested cross-border trading and settlement of wholesale central bank digital currencies (wCBDCs) using DeFi technology on a public blockchain. • It successfully demonstrated the trading and settlement of hypothetical wCBDCs (euros, Singapore dollars, Swiss francs) among financial institutions. • The project introduced an Automated Market Maker (AMM) to automate spot FX transactions, potentially influencing the future of financial market infrastructures. • Mariana aimed to balance central banks' oversight needs with financial institutions' interests in efficient cross-border wCBDC transactions. • A common token standard on a public blockchain facilitated interoperability across different central bank payment and settlement systems. • Project Mariana was experimental and did not imply an intention by central banks to issue wCBDCs or endorse DeFi technology. • The BIS Innovation Hub and its global partners plan to continue researching tokenisation and DeFi technologies based on relevant use cases. Learn more about the potential implications for the future of financial markets and global transactions in this innovative collaboration https://lnkd.in/g75TGKXB #FinTech #Blockchain #DeFi #BIS #ProjectMariana

The Swiss National Bank (SNB) is moving its work on wholesale central bank digital currency (CBDC) from test environments into production with the launch of Project Helvetia Phase III. This will involve the issuance of real wholesale CBDCs in Swiss francs on a financial market infrastructure based on distributed ledger technology (DLT). This is a significant step forward for the SNB and for the development of wholesale CBDCs more generally. https://lnkd.in/dtkdE4NH #blockchain #blockchaintechnology #digitalassets #cbdc #cbdcommunity