Digital Money and its Role in the Financial System

 

Synopsis: 

Digital money, from central bank digital currencies (CBDCs) to stablecoins and tokenized deposits, promises to simplify cross-border payments, accounting, and record-keeping, as well as to improve financial inclusion on a global scale. Despite these benefits, digital money projects remain largely experimental, and widespread adoption remains limited. This is partly due to challenges ranging from cybersecurity concerns and regulatory uncertainty to technical limitations such as a lack of interoperability.

In this panel, leaders from the worlds of decentralised finance, investment banking, and technology share how today’s technical advancements reshape the landscape of digital money and financial market infrastructures, the factors that determine the success of digital money initiatives, and how digital money transforms the financial system in the coming years.

Panelists address:

  • The benefits and risks associated with digital money
  • The factors that determine the success of digital money initiatives
  • How technical advancements today reshape the landscape of digital money and financial market infrastructures
  • How digital money transforms the financial system in the coming years

 

Speaker:

Angie Walker, Global Head of Banking and Capital Markets, Chainlink Labs Qian Jiang, Director, Digital Assets Strategy, Swift
Dr. Wolfram Seidemann, Chief Executive Officer, Currency Technology, Giesecke+Devrient
 
Moderator:
Joasia E. Popowicz, Associate Editor, Central Banking Publications
 
 

Sign up for the monthly GFTN newsletter