“In just over four years, the Innovation Hub has carried out almost 30 projects in various areas and has gone from a handful of people to a 90-strong staff. I am very proud of the work we have done. However, technology will not slow down for anyone, and digitalisation affects everyone...
The Board of the Bank for International Settlements (BIS) today announced the expansion of the BIS Innovation Hub with the establishment of new Hub centres across Europe and in North America in cooperation with member central banks. The#BISInnovationHubis pleased to work with@bankofenglandon a n...
Project Rialto is a partnership between the BIS Innovation Hub Eurosystem, Singapore Centers, and a consortium of central banks, aiming to solve the longstanding issues of expensive, slow, and inefficient foreign exchange (FX) services. Building a Bridge to Modern Payments ...
Define bis. bis synonyms, bis pronunciation, bis translation, English dictionary definition of bis. adv. Music Again; twice. Used as a direction to repeat a passage. interj. Used to request an additional performance. American Heritage® Dictionary of t
the Bank of Korea, the Monetary Authority of Singapore, and seven central banks have teamed up with the BIS Innovation Hub in Project Agorá to investigate how tokenized bank deposits can be seamlessly integrated with wholesale central bank digital currencies (CBDCs) on a public-private platform. ...
Introduction 02 Project Dunbar is a collaboration between the Bank for International Settlements (BIS) Innovation Hub Singapore Centre, the Reserve Bank of Australia (RBA), the Bank Negara Malaysia (BNM), the Monetary Authority of Singapore (MAS) and the South African Reserve Bank (SARB) to ...
BIS Papers No 125 Gaining momentum – Results of the 2021 BIS survey on central bank digital currencies by Anneke Kosse and Ilaria Mattei Monetary and Economic Department May 2022 JEL classification: E42, E58, O33. Keywords: central bank digital currencies, CBDC, digital innovation, money flower...
As part of the UAE's broader ambitions to become aglobal technology leader, it has been growing into aregional crypto hub. Binance, the largest cryptocurrency exchange in the world, hasgrown its Middle East footprintas it faced regulatory hurdles and enforcement measures in other jurisdictions in...
Abu Dhabi will become a regional 3D printing and robotics hub. (Image Credit: Kevin JD) By attracting investments and advanced technologies, Sinaha aims to position Abu Dhabi as a competitive regional industrial hub aligned with the UAE’s strategic vision. The establishment of a 3D printing and...
Project Rialto is a collaboration of the BIS Innovation Hub Eurosystem and Singapore Centres in partnership with several central banks. It explores a new automatic FX settlement layer solution using wCBDC as a safe settlement asset that could be deployed for interlinked instant payment systems or dig...