According to CoinDesk, more than 40 global financial institutions are planning to study tokenization of wholesale global payments through the Bank for International Settlements (BIS) Agora project. The BIS conducted an open call for applications in May and selected 40 companies. The Agora project is currently in the design phase and will investigate how tokenized commercial bank deposits could be integrated with tokenized wholesale central bank money on a programmable core financial platform based on the BIS’s unified ledger concept.
More than 40 financial institutions participate in the Bank for International Settlements Agora project... Research on cross-border payment tokenization
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