CBDC Broadcast #3 - HSBC and IBM’s joint CBDC Project
March 16th, 2022 · 45 mins 44 secs
About this Episode
- The successful test of an advanced token and digital wallet settlement capability encompassing direct transactions between two central bank digital currencies (CBDCs) in a hybrid cloud environment
- How the project executed a complex, multi-asset transactional scenario across ledgers
- Multi-assets: CBDCs, eBonds (primary and secondary DvP), FX (PvP)
- Ledgers: IBM’s Hyperledger Fabric & R3’s Corda, integrated using IBM’s Research’s Weaver interoperability tool
- The key to reducing time and market risks and improving security for transactions between central banks, commercial banks and clients.