Central Bank Digital Currency
Discover how FARI is leading innovation with Central Banks. Click the button below to view our CBDC Paper: Design and Approach
The growth of cryptocurrency and digital assets have propelled central banks to study its effects on their respective economies and global financial stability. To enhance financial inclusion, and further explore the novel payment mechanism, commercial and central banks around the globe are engaging and investigating central bank digital currency (CBDC).
More than 80 countries are studying CBDC, including some who have taken the initiative to pilot and launch it. FARI has implemented an approach to assist the public and private with governance, management, development or technological expertise to facilitate a streamlined national CBDC platform and identify opportunities to increase efficiency.
DLT-based digital currency also presents the opportunity of unlocking liquidity for corporates, and optimizing processes of interbank settlements of payments and securities.
Why FARI?
Highly scalable platform that can cater to increasing volume
Instant atomic payment and settlement finality for regulated financial
markets, as well as, fielding controlled anonymity ensuring AML/CFT
guidelines while maintaining consumer privacy
Multifaceted engagement models that accommodate to central bank’s
internal policy
Interoperability mechanism connecting you with legacy and new systems for a global economy
Secure identity on our enterprise DLT/Blockchain confirming
participation of permissioned entities
Utilize experience in DLT projects spanning across versatile use cases