Innovation Hub media releases

Read media releases issued by the BIS Innovation Hub.

Displaying 21-30 of 63
Media release 16 Jun 2023
Project Rosalind develops a prototype application programming interface layer for retail CBDC systems and explores ecosystem innovation
Project Rosalind explored how a universal and extensible application programming interface (API) layer could connect central bank and private sector infrastructures and facilitate retail CBDC payments. The joint Bank for International Settlements and Bank…
Media release 05 Jun 2023
Project Leap proves the viability of a quantum-safe financial system
The BIS Innovation Hub Eurosystem Centre, Banque de France and Deutsche Bundesbank successfully set up a quantum-safe communication channel that shields financial data. Project Leap addresses the threat that future quantum computers represent to today's…
Media release 11 May 2023
BIS Innovation Hub publishes guide on offline CBDC use
BIS Innovation Hub publishes a handbook on key issues related to how central bank digital currencies (CBDCs) could work offline. Among the issues addressed are security, privacy, risks, solution types and operational factors. Further work on the practical…
Media release 04 May 2023
Reserve Bank of India and Bank for International Settlements invite cross-border payments solutions for G20 Techsprint
The Reserve Bank of India (RBI) and the Bank for International Settlements (BIS) are launching the fourth G20 TechSprint hackathon for global innovators. The 2023 global competition is seeking solutions to improve cross-border payments. Open to developers…
Media release 23 Mar 2023
BIS's Project Nexus prototype successfully links Eurosystem, Malaysia and Singapore payments systems; partners in Indonesia, Malaysia, the Philippines, Singapore and Thailand to work towards wider payments connectivity
To enhance cross-border payments, the BIS Innovation Hub Singapore Centre developed the Nexus concept of a first-of-its-kind multilateral network connecting multiple domestic instant payment systems (IPS). Nexus prototype successfully connected the test…
Media release 02 Nov 2022
BIS and central banks of France, Singapore and Switzerland to explore cross-border CBDC trading and settlement using DeFi protocols
The BIS Innovation Hub is launching a new project around central bank digital currencies (CBDCs) and Decentralised Finance (DeFi) protocols as part of its 2022 work programme.
Media release 26 Oct 2022
BIS and four central banks complete successful pilot of real-value transactions on cross-border CBDC platform
The Bank for International Settlements (BIS) and four central banks have completed a successful pilot of the use of central bank digital currencies (CBDCs) by commercial banks for real-value transactions across borders, as part of Project mBridge.
Media release 12 Oct 2022
BIS Innovation Hub and Bank Indonesia announce winners of G20 TechSprint
Teams developed innovative technological solutions to advance usage of central bank digital currencies. The winning teams were Dragonfly Fintech from Singapore, Bitt-IDEMIA from the US and Partior from Singapore. Competing teams have developed solutions…
Media release 12 Jul 2022
BIS Innovation Hub and Bank Indonesia announce finalists of G20 TechSprint CBDC challenge
The Bank for International Settlements (BIS) and Bank Indonesia, under the Indonesian G20 Presidency, today announced the shortlisted finalists for the G20 TechSprint challenge on central bank digital currencies (CBDCs).
Media release 17 Jun 2022
BIS Innovation Hub announces new projects and expands cyber security and green finance experiments
Eurosystem Centre projects will explore cryptocurrency markets, the implications of post-quantum cryptography for payment systems and climate-related disclosures. Cyber security project will include partnership with Israel's central bank. Hub expands…

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