WBS Gillmore Centre - Digital Currency Dialogues Series
01.12.2003 - Webinar: Fnality, A private sector CBDC? And getting to the truth in FinTech research with CBDC Case Studies.
Rhomaios Ram, CEO, Fnality International “A Private Sector CBDC?”
For years, the transformative potential of blockchain, distributed ledger technology (DLT), and smart contracts in revolutionizing financial markets has been extensively discussed. Enter Fnality, an international consortium comprising global banks, market infrastructures, and buy-side firms with a focused mission - to pioneer a blockchain-based wholesale payment and settlement system anchored in tokenized central bank money.
Anticipating approval for their first set of omnibus accounts with key central banks in 2023-24, Fnality may be on the verge of launching its planned DLT-based payments system. But what sets Fnality apart from alternative schemes like private stablecoins or public central bank digital currencies (CBDCs)? What problems is Fnality trying to solve, and how might its product and vision stand to (re)shape the financial markets of tomorrow? Listen as Fnality International's CEO Rhomaios Ram unravels the intricacies of Fnality's groundbreaking approach:
· Introduction to Fnality: a developer of Private Sector CBDC
· Why is this needed?
· History and progress to date
· How does it work?
· Why Blockchain?
· Why not Public Blockchain?
· Beyond Payments: The Future for Tokenised Assets in Traditional Markets
Martin C.W. Walker Banking & Finance Director, Centre for Evidence-Based Management. "Getting to the Truth in Fintech Research, with CBDC Case Studies"
Listen to an enlightening conversation with finance and technology practitioner and researcher Martin Walker to explore some of the great opportunities and inherent challenges in doing Fintech and CBDC-related research, including:
· The cross-disciplinary nature of the topic
· Availability of evidence that is of sufficient quality and completeness to draw conclusions
· Commercial and career incentives to produce "research" that is essentially marketing material
· Research quality as a barrier to innovation
· Techniques for drawing more evidence-based conclusions