In this bonus episode of Tokenized, Simon Taylor, Head of Market Development @ Tempo is joined by Danny Russell, Head of Payments Innovation Technology @ Bank of England to discuss stablecoins, settlement, the Digital Pound Lab and more!
Timestamps:
- 00:00 Introduction
- 1:44 Four major Bank of England payments innovation programs
- 2:22 Digital Security Sandbox for live digital securities issuance
- 2:56 Synchronization Lab enabling atomic settlement across ledgers
- 3:55 DLT Innovation Challenge testing wholesale central bank money on external ledgers
- 5:28 Digital Pound Lab as platform for industry co-creation
- 8:27 Digital check use case using verifiable credentials
- 14:18 Settlement finality approaches in DLT innovation challenge
- 19:10 Systemic stablecoin regulation and consultation update
- 22:56 Liquidity savings mechanism saving 75 billion pounds daily
***
This episode is brought to you by Visa
A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto.
***
We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!
Music by Henry McLean