Remove Funds Transfer Remove ISO 20022 Remove Liquidity Management
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Indonesia Completes Rupiah Digital PoC, Advancing Wholesale CBDC Exploration

Fintech News

The PoC tested two DLT platformsCorda by R3 and Hyperledger Besu by Kaleidoevaluating their ability to support key processes such as issuance, redemption, and fund transfers. Both platforms successfully met the 55 predefined test scenarios, demonstrating scalability, resilience, privacy, and fault tolerance.

CBDC 111
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Digital Rupiah Inches Closer with Successful Completion of PoC

Fintech News

To achieve this, the PoC focused on three key processes: issuance, redemption, and fund transfers. Additionally, integration challenges were resolved through the adoption of interoperability standards like ISO 20022, enabling compatibility with both domestic and international financial market infrastructures.