top of page
  • Writer's pictureDeborah
    • Jul 26, 2022

The Bank for International Settlements Innovation Hub BIS Innovation Hub (BISIH) published a paper focusing on the international dimension of central bank digital currency (CBDC) design. BISIH compared similarities and differences of four cross-border CBDC projects: Inthanon-LionRock2, Jura, Dunbar and mBridge.


All experiments enabled multiple currencies and assets to settle in a single system. The impact was lowered transaction costs, faster settlement and increased operational transparency. While operationally feasible, there remain further considerations on policies relating to transparency and access, legal and governance frameworks, and finally systemic / economic implications.


In addition, the paper outlines technology considerations and implementations, specifically on nodes, networks and data

BISIH affirms that continued experimentation will help further understand systems, platforms and their interactions.


Recent Posts

See All

The Secured Overnight Financing Rate (SOFR) is a broad measure of the cost of borrowing cash overnight collateralized by Treasury securities. SOFR is the overnight interest rate for US dollar-denomina

13/06/2023 - Canadian Securities Administrators (CSA) SEDAR+ go-live date. All issuer filings, cease trade orders and disciplined list entries will be filed in SEDAR+ 16/06/2023 - OSFI consultation pe

On May 11, the Bank for International Settlements (BIS) published a Handbook on how central bank digital currencies (CBDCs) could work for offline payments, defined as a “transfer of value between dev

bottom of page