Distributed ledger technologies have shifted from the margins to the centre of innovation across financial services. For interbank settlement, digital currency solutions have the potential to transform current systems’ speed, resilience, and cost efficiency, however risks and interoperability with new and legacy systems remains crucial. This panel will explore DLT applications to payments, clearing and settlement, addressing when different innovations are needed, bridging conventional and new payment systems and the impact on traditional intermediaries.
This conversation was part of the OMFIF Digital Monetary Institute Symposium 2021. Click here for more information and to register for the 2022 Symposium.