Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
BIS and World Bank explore tokenization of Development Fund promissory notes

BIS and World Bank explore tokenization of Development Fund promissory notes

CointimeCointime2023/11/28 22:03
By:Cointime

Innovation Center of the International Clearing Bank and the Swiss National Bank (SNB) are working with the World Bank to tokenize the development funds provided to emerging economies. The bank will explore use cases with the International Monetary Fund, and the current format for providing funds is paper tickets stored in vaults.

Cecilia Skingsley, head of the Innovation Center of the International Clearing Bank, briefly introduced the project during a keynote speech at the Atlantic Council's central bank digital currency (CBDC) event. Although she did not mention specific figures, the World Bank's financing commitment for 2022 is $115 billion. As the plan is still in its very early stages, specific details have not been disclosed.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!