Central Bank Digital Currencies (CBDCs) are coming. Kaleido helps central banks build flexible, secure systems to power the global economy.
More than 100 countries are currently building or testing CDBCs around the world. Projects aim to prove that central bank-issued currencies can facilitate digital payments, promote financial inclusion, and power a more digitized economy.
The Bank of International Settlements has said CBDCs offer advantages for central banks as they make it possible to settle cross-border payments faster and help underbanked populations enter global markets.
But everyone agrees digital money needs to be built with a collaborative and inclusive future in mind. It also must leverage the most hardened technology. This is why global leaders are turning to our CBDC Platform to underpin some of the most important projects in global finance.
Current projects testing central bank digital currency (CBDC) aim to prove that digital money can facilitate global trade. As the tokenization of assets allows people to create liquidity, post collateral for loans, and settle trades atomically, more people and businesses can enter global markets. Digital money and digitized systems also allow traditional institutions to plug into emerging ecosystems. These benefits are driving CBDC exploration around the world, and Kaleido’s platform gives you everything you need to take advantage of them.