Is Blockchain on the Bank of International Settlement (BIC) mind?

By Thomas Katan | Greedy Podcast | 16 Mar 2021


This year's G20's priority is all about enhancing cross-border payments.

Pushing the frontiers of payments: towards faster, cheaper, more transparent and more inclusive cross-border payments

At the last G20 there was talk about cryptocurrency. This year, after resent development between banks and blockchain projects (especially XRP) will the board give the all green with DLT integration? 


*CPMI is leading the discussion on cross-border payments ahead of the G20 meeting*

c9c0ef8490c6c6544ebb57836afc05ae9ea0e1317e90c7a2f62e4f29d266b8ae.jpg


The main themes approached by the Committee on Payments and Market Infrastructures (CPMI) on the 18th and 19th of March are: 

  • How to enhance existing payment infrastructures and arrangements to make them fit for cross-border purpose? 
  • How can streamlining data exchange can improve cross-border payments? 
  • Explore the potential of new technologies and arrangements for enhancing cross-border payments. 
  • How does our work feed into the wider objectives of the G20 roadmap to enhance cross-border payments? 

Their objective is to have an agreed consensus before the G20 date which will take place in Rome on October 30th and 31st.


Although there's no mention of the word blockchain, there are people and companies who are linked to it like:

  • SWIFT - stating back in 2019 that "DLT networks are expected to develop to co-exist alongside traditional securities market infrastructures"
  • Worldline - as in the latest blog see's crypto as a healthy way to simplify CBDCs infrastructure
  • DG FISMA -  sets the "initiative to work on the establishment of a European framework for markets in crypto -assets"
  • ADA-microfinance - studied Libra (aka Facebook *cough* *cough* shit coin) as "the first private cryptocurrency with the potential to change the worldwide payment and monetary system landscape"
  • Deutsche Bundesbank - wants "trading and token issuance platform, bridging digital assets with traditional banking services" a stark contrast from just two years ago when they were fully anti [more here]

 

Some 2021 crypto highlights:

 


🎟️ For more about the speakers, the program and to register for the CPMI event, visit https://biscpmi.navus.io/947/page/home



✨ Having fun in the cryptosphere 💰😄

- Alienworlds.io: Mining NFT's and staking TML on Neri
-- monKeymining and CrypTids land to claim NFTs
--- rPlanet.io a place to stake NFT's in exchange for Aether = (one day) WAX

- Banano: Nano and Memes had a baby, and called it Banano
-- cryptomonKeys and banano Discord channel for laughs, banter and adventure
--- Helping medical research and getting banano

- Torum: LinkedIn and Twitter had a baby, and turned out crypto with memes and night themed
-- read more about it here and additional info on concept roadmap and technical roadmap
--- use my referral to get 75XTM on Landing & tag me @thomaskatan so I can show you around!

- Dygycon: gamifying crypto events - Art, NFT, Games, News happens every two months


🎮 Earning while Gaming:

- Womplay referral: earn EOS while playing games (good combo with Upland)
- Upland referral: get an extra 1500UPX when signing up with Bq4m
- Spilnterlands referral: collect and battle with NFT's

Earn by using tings and by staking:

- Brave Browser open source chromium browser: fast, secure with BAT rewards when watching ads
- Presearch.io get paid to search - referral 25PRE when signing up [chat with @TMod_Marco Head of Presearch Community]
- Binance trading platform with lowest fees and SAFU certified - get 10% kickback on transaction fees with my code
- Celcius CeFi high APY on crypto and fiat, use my code 19977332e4 to earn $35 worth of BTC if your stake $200 for a month
- Nexo CeFi highly secure crypto bank with high APY for crypto and fiat & 2% Debit Card cashback in crypto


Find me on Twitter, Torum (referral) and Notion.io 👋

How do you rate this article?

0


Thomas Katan
Thomas Katan

Life Coach, nomad living in communities, looking at human connection and at tech innovation. Photographer and filmmaker. Finding the story in the detail and the narrative in the sound.


Greedy Podcast
Greedy Podcast

A journey into the cryptosphere. From culture and ethos to tech and projects. Piecing together facts and feelings. Sharing findings and thoughts. Greedy Podcast started at the back of a crypto doc funded by Dash

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.