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Giesecke+Devrient: Ghana CBDC Nullifies the Need for Multiple Intermediaries in Cross-Border Payments

1 year ago
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The just lately accomplished proof of idea by the Financial institution of Ghana and the Financial Authority of Singapore demonstrated that the latter’s central financial institution digital foreign money allows cross-border funds, excluding many intermediaries and related prices. Giesecke+Devrient (G+D) said that the proof of idea (POC) demonstrated the effectiveness of using digital credentials for worldwide commerce and cross-border […]



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Tags: CBDCCrossBorderGhanaGieseckeDevrientIntermediariesmultipleNullifiesPayments
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