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SC Ventures and G+D Complete Pilot on Different Types of CBDC Systems

Fintech News

The project tested the feasibility of conducting multilateral cross-currency transfers through the UDPN, involving both Distributed Ledger Technology (DLT) and non-DLT-based CBDC technologies. The indirect model featured an on-chain DLT-based solution developed by UDPN engineers.

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Bitcoin Daily: Italy's Banks Test Digital Euro On DLT

PYMNTS

The digital currency in trial is supported by distributed ledger technology (DLT), and the two-part experiments also aim to examine the use cases of a DLT-enabled currency. Any bank can participate in the digital currency initiative, Ledger Insights reported.

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Eurosystem Completes First of Many Experiments To Test DLT Central Bank Money Settlements

The Fintech Times

Eurosystem , the monetary authority of the eurozone, has been exploring the possible use cases of distributed ledger technology (DLT) to conduct wholesale settlement in central bank money. Looking to the future Preparations for further trials and experiments are ongoing and will cover a variety of use cases.

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Is ‘Embedded Regulation’ The Key To Stablecoins’ Success?

PYMNTS

“Today, authorities around the world are grappling with the rise of digital currencies and decentralized finance based on both emerging technologies — particularly various combinations of distributed ledger technology (DLT) and blockchain and advances in traditional centralized systems underpinning finance,” according to the report.

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The Enterprise Headache Of A Decentralized Blockchain

PYMNTS

For blockchain technology, the crux of many of its purported benefits for the enterprise is its decentralized nature, which, proponents of distributed ledger technology (DLT) have said, promotes visibility and makes it more difficult for data to be manipulated. ” However, that’s only the beginning.

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Blockchain To Link Hong Kong, Singapore Trade

PYMNTS

According to reports, plans to link those two platforms are part of larger efforts by the authorities to collaborate on distributed ledger technology (DLT) and FinTech projects. The HKMA is now looking to work with a developer to develop the platform, reports said.

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Blockchain’s Inroads Through National Frameworks And Trade Finance

PYMNTS

Blockchain is increasingly being separated from cryptocurrency, with an eye toward disparate use cases — some done at the national level. The announcement comes in the wake of 15 banks’ participation in the Marco Polo consortium, with a roster that includes ING , BNP Paribas and Thailand’s largest bank, Bangkok Bank.