The Bank for International Settlements (BIS) has revealed its strategic priorities for 2024, with a particular emphasis on Central Bank Digital Currencies (CBDCs) and tokenization.
The 2024 roadmap points to a continuation of the watchdog’s engagement with digital financial technologies. The BIS has taken a heavily pro-CBDC stance and has published a comprehensive framework for countries looking to create their own localized digital currencies.
Exploring tokenization
One of the most ambitious undertakings in the BIS’s 2024 agenda is Project Promissa, which aims to revolutionize financial instruments by digitizing promissory notes using blockchain technology.
Promissory notes are still paper-based despite their integral role in the financial system. According to the regulator, their digitization could greatly enhance efficiency and transparency in financial transactions.
Project Promissa is a collaborative venture between BIS, the Swiss National Bank, and the World Bank. The proof-
We współpracy z: https://cryptoslate.com/bis-to-focus-on-tokenization-cbdc-as-part-of-2024-strategy/
