KPMG report: CBDC is valuable alternative to RTGS

2020-06-09T23:12:19+03:0018 November 2018|Tags: , |

The Big4 auditor, KPMG, has delivered a report based on data provided by Bank of Canada, Bank of England, Monetary Authority of Singapore and commercial banks HSBC, TD Bank, OCBC Bank and UOB. The researchers put in focus the effectiveness of Real-Time Gross Settlement (RTGS), system that accounts for cross-border interbank payments and settlements. They [...]

Christine Lagarde praised blockchain technology

2020-06-09T23:06:33+03:0015 November 2018|Tags: , , |

The chief of the International Monetary Fund, Christine Lagarde, has praised the distributed ledger technology but made an emphasis on the possibilities to develop central banks digital currencies (CBD). In her speech Christine Lagarde has delivered at Singapore Fintech Festival she used to stress the title of her message: “Winds of change: the case for [...]