Guénolé de Cadoudal

🚀 [News] 𝗪𝗲 𝗮𝗿𝗲 𝗲𝘅𝗽𝗮𝗻𝗱𝗶𝗻𝗴 𝗼𝘂𝗿 𝗰𝗹𝗲𝗮𝗿𝗶𝗻𝗴 𝗼𝗳𝗳𝗲𝗿𝘀 𝘁𝗼 𝗯𝗿𝗼𝗸𝗲𝗿-𝗱𝗲𝗮𝗹𝗲𝗿𝘀, market-makers and banks. They are now able 𝘁𝗼 𝘁𝗿𝗮𝗱𝗲 𝗼𝗻 𝘁𝗵𝗲 𝗔𝗥𝗧𝗘𝗫 𝘁𝗿𝗮𝗱𝗶𝗻𝗴 𝘃𝗲𝗻𝘂𝗲. ARTEX is a multilateral trading facility (MTF), on which shares in world-famous, iconic works of art are traded. The shares in the artworks are tradable and transferable securities just like all other listed securities. Read more ➡️ https://ow.ly/NnWa30sEi5s #AssetServicing #AssetManagement #Clearing

2

𝗣𝗿𝗼𝗴𝗿𝗲𝘀𝘀 𝗼𝗻 𝘁𝗵𝗲 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗘𝘂𝗿𝗼: 𝗗𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝗞𝗲𝘆 𝗣𝗼𝗶𝗻𝘁𝘀 1️⃣ 𝗠𝗼𝗱𝗲𝗿𝗻𝗶𝘇𝗶𝗻𝗴 𝗘𝘂𝗿𝗼 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀: The Eurosystem's digital Euro project, initiated in October 2023, aims to modernize central bank money for retail payments across the Euro area. This initiative seeks to reduce dependency on non-European payment providers, enhancing economic sovereignty. 2️⃣ 𝗣𝗿𝗶𝘃𝗮𝗰𝘆 𝗯𝘆 𝗗𝗲𝘀𝗶𝗴𝗻: Privacy is a cornerstone of the digital Euro project, adopting a "privacy by design" approach. Offline transactions ensure cash-like anonymity, where only the transacting parties know the details. Online transactions utilize advanced technologies like pseudonymisation and encryption, safeguarding user identities. Strict data protection measures under EU law and independent oversight ensure compliance and protect user information. 3️⃣ 𝗧𝗲𝗰𝗵𝗻𝗶𝗰𝗮𝗹 𝗔𝗱𝘃𝗮𝗻𝗰𝗲𝗺𝗲𝗻𝘁𝘀: The project focuses on selecting platform providers, finalizing operational rules, and conducting rigorous technical tests. These efforts are pivotal in establishing robust standards and technical capabilities for digital Euro transactions across diverse platforms and devices. 4️⃣ 𝗜𝗻𝗰𝗹𝘂𝘀𝗶𝘃𝗶𝘁𝘆 𝗮𝗻𝗱 𝗔𝗰𝗰𝗲𝘀𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝘆: The digital Euro aims to be inclusive, supporting multiple account options and offline payment functionalities. Users can manage accounts via mobile devices or smart cards, ensuring accessibility for all, including those with limited digital literacy. 5️⃣ 𝗘𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁𝗮𝗹 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝘆: Environmental sustainability is a priority throughout the digital Euro's lifecycle. The project emphasizes energy efficiency, component reuse, and adherence to eco-friendly practices in design and operations. 6️⃣ 𝗨𝗽𝗰𝗼𝗺𝗶𝗻𝗴 𝗠𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲𝘀: The ECB plans to finalize platform provider selections and advance rulebook development by the end of 2024. Legislative decisions, expected by late 2025, will determine the project's progression towards digital Euro issuance. Stakeholder engagement, international collaboration, and ongoing user research are integral to refining project outcomes and ensuring alignment with market needs. Read full report here: https://lnkd.in/efeMqifn For more weekly insight and thought-provoking analysis, ensure you get your copy at 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗕𝘆𝘁𝗲𝘀: https://lnkd.in/ev-WMFzG. Make sure you sign up to get your weekly analysis. #DigitalEuro  #Technology #Innovation  #Sustainability #GreenFinance #DigitalAssets #AssetManagement #Blockchain #Crypto

6

1 commentaire

In the realm of payments, Central Bank Digital Currencies (CBDCs) are gaining prominence for cross-border transactions. The #mBridge Project led by the Hong Kong Monetary Authority (HKMA) and the SWIFT CBDC project are pivotal initiatives driving this transformation. The mBridge Project unites central banks to streamline cross-border payments using Distributed Ledger Technology (DLT), while the SWIFT CBDC Project focuses on integrating CBDCs globally. Recent milestones include the SWIFT Project completing Phase 2 (Sandbox) in March 2024 and the mBridge Project reaching the MVP stage in early June 2024. These achievements underscore the emphasis on interoperability, speed, cost-efficiency, and security in cross-border payments. The SWIFT Project aims to connect digital islands through a SWIFT Connector, while the mBridge Project seeks to establish a unique DLT platform for issuing and distributing CBDCs. These initiatives play a crucial role in enhancing global financial integration and efficiency within the payment ecosystem. Clicks: https://lnkd.in/dkYnRwZJ https://lnkd.in/d64YewGU #CBDC #DigitalCurrency #CrossBorderPayments #Fintech #DigitalTransformation #mBridge #SWIFT

5

Payment processing remains more than ever at the heart of the #BNPParibas European strategy for offering digitalized journey, value added services to retail & corporate customers and marchants.

72

2 commentaires

Glad to see #BIS shares same vision as #Partior for next generation correspondent banking. As per the report, the role of commercial banks and Central banks will remain unchanged but the platform would harness 3 new capabilities: 1. Combining payment messaging and account updates as a single operation - Partior simultaneous messaging and settlement solution enables it. 2. Executing the chain of payments atomically rather than as a series of sequential updates to separate ledgers - Partior shared ledger provides instant/ atomic settlement for Fx PVP and multi settlement bank use case. 3. Drawing on privacy-preserving platform - Partior privacy solution ensure that transaction data and participant balances are visible only to the transacting parties. Partior is a Live multi-bank multi currency settlement network and provides : - Multi-cloud decentralised platform for participants to do P2P messaging. - Token smart contracts to issue and record balances on-chain - Applications to support use cases like cross border payments, FX PvP and new instruments like Intraday FX swaps etc.. Please reach out to us who wants to explore and happy to collaborate together to disrupt the future of money movement. Happy weekend... #Partior #Programmability

22

Second roundtable of the conference about security of payments organized by Banque de France in Paris with Tran Huynh, Alain Martin Romain Santini and Olivier Vandenbilcke. ✔️Digital identity is a key aspect of security of payments ✔️One of the key texts about this innovation is "e-IDAS", with a variety of strategies in Europe and the necessity to work about interoperability... ✔️... But the situation is evolving : digital identity is becoming a key service... ✔️... As a result, it is necessary to boost it and to create a pan-European framework. ✔️"e-iDAS 2" : the new text that will foster a EU digital identity wallet #Payments #innovation #security PARTELYA CONSULTING European Women Payments Network (EWPN) AEFI Asociación Española de FinTech e InsurTech AFIP - FinTech and InsurTech Portugal CLUB ITALIE-FRANCE AFTE Finance Mag The PAYTECH Book Portuguese Women in Tech Merchant Payments Ecosystem

17

💥[Breaking News] We are delighted to announce 𝘁𝗵𝗲 𝗰𝗿𝗲𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗼𝘂𝗿 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗔𝘀𝘀𝗲𝘁𝘀 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗹𝗶𝗻𝗲. This business line will enable CACEIS to position itself as the benchmark for digital asset servicing in Europe, permitting clients to benefit from our in-house digital expertise. 🚀𝗢𝘂𝗿 𝗼𝗳𝗳𝗲𝗿𝗶𝗻𝗴 𝗶𝗻𝗰𝗹𝘂𝗱𝗲𝘀 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗮𝘀𝘀𝗲𝘁 𝗰𝘂𝘀𝘁𝗼𝗱𝘆 𝗮𝗻𝗱 𝗰𝗼𝘃𝗲𝗿𝘀 𝘁𝗵𝗲 𝗲𝗻𝘁𝗶𝗿𝗲 𝘃𝗮𝗹𝘂𝗲 𝗰𝗵𝗮𝗶𝗻, 𝗳𝗿𝗼𝗺 𝗶𝘀𝘀𝘂𝗶𝗻𝗴 𝘁𝗼𝗸𝗲𝗻𝗶𝘀𝗲𝗱 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗶𝗻𝘀𝘁𝗿𝘂𝗺𝗲𝗻𝘁𝘀 𝘁𝗼 𝘁𝗵𝗲 𝗱𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗼𝗸𝗲𝗻𝗶𝘀𝗲𝗱 𝗳𝘂𝗻𝗱 𝘀𝗵𝗮𝗿𝗲𝘀. Read more➡️ https://ow.ly/US8c30sCBep #AssetServicing #AssetManagement #DigitalAssets #Tokenisation

25

ARTA TechFin Corporation Limited is revolutionizing the financial landscape by bridging traditional finance with distributed ledger technology (DLT). 𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗸𝗲𝘆 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲𝗶𝗿 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝘃𝗲 𝗷𝗼𝘂𝗿𝗻𝗲𝘆: 🚀 𝗛𝘆𝗯𝗿𝗶𝗱 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺: Arta is a regulated hybrid financial platform integrating traditional finance with DLT. They are developing regulated products in programmable payments and investments, including tokenized investments in global government bonds and fund shares. 💡 𝗔𝘁𝗼𝗺𝗶𝗰 𝗦𝗲𝘁𝘁𝗹𝗲𝗺𝗲𝗻𝘁 𝗣𝗶𝗹𝗼𝘁: Arta is piloting atomic trading and settlement of tokenized investments using central bank digital currency (CBDC) or stablecoin with smart contracts. This innovation aims to enhance efficiency and reduce costs in financial transactions. 🏆 𝗥𝗲𝗰𝗼𝗴𝗻𝗶𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻: Arta received the Best Technology Award in the CBDC track of the Global Fast-Track Competition by InvestHK and HKMA. They are participating in the HKMA’s e-HKD Pilot Programme, exploring the atomic settlement of fund orders using e-HKD against tokenized funds. 📈 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝘃𝗲 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀: Arta’s proof-of-concept (PoC) for the e-HKD Pilot Programme demonstrated programmable payment for atomic settlement via smart contracts. This solution offers retail investors higher interest incomes, improved financial inclusion, and reduced operational overhead. 📝 𝗨𝘀𝗲𝗿 𝗙𝗲𝗲𝗱𝗯𝗮𝗰𝗸: User acceptance testing with over 10 global financial institutions and 100+ retail clients showed positive feedback. Financial institutions appreciated the time-efficient, cost-effective process, reduced counterparty risks, and improved operational transparency. Retail users valued access to competitive yields even with small balances and short-term investments. 🔍 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝗮𝗻𝗱 𝗙𝘂𝘁𝘂𝗿𝗲 𝗦𝘁𝗲𝗽𝘀: Arta identified challenges such as transparency, handling stranded balances, and regulatory updates for AML and KYC. They continue to develop DLT payment solutions in collaboration with Chainlink Labs and are researching verifiable credentials for enhanced regulatory compliance. Arta TechFin is at the forefront of integrating blockchain with traditional finance, paving the way for a more efficient and inclusive financial system. Source: https://lnkd.in/diFkC5QP Stay ahead and informed at 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗕𝘆𝘁𝗲𝘀: https://lnkd.in/ev-WMFzG. Make sure you sign up to get your weekly analysis. Your repost is greatly appreciated. Thank you! #Blockchain #DLT #TokenizedInvestments #CBDC #FinancialInnovation #FinTech #ArtaTechFin #HKMA #eHKD #SmartContracts

6

💥[Breaking News] We are delighted to announce 𝘁𝗵𝗲 𝗰𝗿𝗲𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗼𝘂𝗿 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗔𝘀𝘀𝗲𝘁𝘀 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗹𝗶𝗻𝗲. This business line will enable CACEIS to position itself as the benchmark for digital asset servicing in Europe, permitting clients to benefit from our in-house digital expertise. 🚀𝗢𝘂𝗿 𝗼𝗳𝗳𝗲𝗿𝗶𝗻𝗴 𝗶𝗻𝗰𝗹𝘂𝗱𝗲𝘀 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗮𝘀𝘀𝗲𝘁 𝗰𝘂𝘀𝘁𝗼𝗱𝘆 𝗮𝗻𝗱 𝗰𝗼𝘃𝗲𝗿𝘀 𝘁𝗵𝗲 𝗲𝗻𝘁𝗶𝗿𝗲 𝘃𝗮𝗹𝘂𝗲 𝗰𝗵𝗮𝗶𝗻, 𝗳𝗿𝗼𝗺 𝗶𝘀𝘀𝘂𝗶𝗻𝗴 𝘁𝗼𝗸𝗲𝗻𝗶𝘀𝗲𝗱 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗶𝗻𝘀𝘁𝗿𝘂𝗺𝗲𝗻𝘁𝘀 𝘁𝗼 𝘁𝗵𝗲 𝗱𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗼𝗸𝗲𝗻𝗶𝘀𝗲𝗱 𝗳𝘂𝗻𝗱 𝘀𝗵𝗮𝗿𝗲𝘀. Read more➡️ https://ow.ly/fNar30sCBz7 #AssetServicing #AssetManagement #DigitalAssets #Tokenisation

3

⚜️CBDC Sandbox ! What's next 🤯 📚▪️Global bank messaging network SWIFT is planning a new platform in the next 1-2 years to connect the wave of CBDCs now in development to the existing finance system. 🔻SWIFT's main advantage though is that its existing network is already usable in over 200 countries and connects more than 11,500 banks 🏦 and funds who use it to send trillions of dollars every day. 💡▪️The idea is that once the interlink solution is scaled-up, banks would have one main global connection point able to handle digital asset payments, rather than thousands if they were to set up an individual one with every counterparty. ▪️Bank of Algeria بنك الجزائر . ▪️Le Conseil National Economique Social et Environnemental .

4

Major banks in Singapore, including #DBS, will phase out the use of one-time passwords (OTPs) for bank account logins by customers who are digital token users. This will be implemented progressively over the next three months and is aimed at better protecting customers against phishing scams, said the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS). This latest measure will strengthen the authentication process, making it harder for scammers to fraudulently access a customer's account and funds without the customer’s explicit authorisation using his mobile device. According to the Singapore Police Force's annual report on scams and cybercrime, at least S$14.2 million (US$10.5 million) was lost to phishing scams last year. Read more: https://lnkd.in/gwFfTu_w

5

👀 definitely one to watch - The Bank for International Settlements – BIS Project Agora will have major impact for the #crossborderpayments space. "Tokenisation of deposits is not only a digital representation of claims but also rules and logic governing transfers. Tokenisation of deposits as well as wholesale Central Bank money, both the primary means of payments as well as the settlement function of central bank money can be integrated seamlessly on the same programmable platform." - BIS #projectagora #cbdc

8

Please vote for #COLLINE in section 24. #VERMEG #collateral #FTF #collateralmanagement

4

The next big thing in Payments. Must read

27

1 commentaire

Nice simplified view for how a Digital Bank should look like . However devil lies in not just the details... but in the complexity behind Orchestrating & Integratings all these and other parties blocks together to work in a harmony. Well managed #ComposableArchitecture aporaoch is recomended with a true implementstion of #MACH princibles would help given using the best fit Technologies.

3

🌐 **Bridging the Gap: Can DeFi Coexist with Regulations?** 🌉 Decentralized finance (DeFi) is set for explosive growth, with projections suggesting that the market for tokenized physical assets could reach up to $16 trillion by 2030. This growth is fueled by the integration of traditional finance institutions like BlackRock, JPMorgan Chase, and Citi into blockchain-based asset tokenization, spotlighting both the potential and the challenges of DeFi in the regulatory landscape. **Key Insights:** - **Future Projections**: Experts estimate the tokenized asset market could swell to $16 trillion by 2030, driven by ongoing adoption and integration of blockchain technologies in traditional finance. - **Market Growth and Potential**: The value of RWA protocols has surged by over 4,000% in the past year, still only representing 6.1% of the total $102 billion value locked in DeFi protocols. This signals a massive potential for further expansion. - **Institutional Involvement**: Major financial entities are spearheading the exploration of blockchain for tokenizing assets such as real estate, gold, and debt securities. This could potentially bridge the gap between traditional and decentralized finance, unlocking vast capital opportunities. - **Regulatory Landscape**: Despite the growth, DeFi remains a regulatory gray area with no comprehensive policy adopted globally. This uncertainty complicates the integration of DeFi with conventional financial systems. The critical question remains: How can DeFi thrive within a regulated framework without losing its foundational principles of decentralization? This is a crucial discussion point for policymakers, investors, and innovators alike. https://lnkd.in/dB7NyAWu #DeFi #Finance #Regulation #Blockchain #Innovation #Crypto #Tokenization

3