Bank of Korea to Launch CBDC Pilot for Real-World Transactions
According to an article from Choi Ari and Lee Jae-eun at Cushon Daily, the Bank of Korea (BOK) has announced the launch of Project Hangang, a three-month pilot program to test the use of a central bank digital currency (CBDC) in real-world transactions. Scheduled to run from April to June, the initiative will allow 100,000 […]
Quant Partners with Oracle to Advance Blockchain Interoperability
Oracle has announced the launch of the Oracle Blockchain Platform Digital Assets Edition (OBP DA), an enterprise-grade solution designed to streamline the development and deployment of digital asset applications. The platform aims to simplify tokenisation by providing a unified ledger framework, integrating bank-grade distributed ledger infrastructure with pre-packaged smart contracts, APIs, indexing databases, web applications, […]
Quant, R3, and Banking Giants Pave the Way for Tokenized Payments in the UK
We are pleased to highlight the recent publication of UK Finance’s report on the UK Regulated Liability Network (RLN) project. This report encapsulates the experimentation phase conducted in collaboration with key industry players including Barclays, Citi, HSBC, Lloyds Banking Group, Mastercard, NatWest, Nationwide, Santander, Standard Chartered, Virgin Money, and Visa. This innovative financial market infrastructure […]
Driving growth in digital assets markets
Source: Quant Quant Founder and CEO, Gilbert Verdian, recently had an in-depth conversation with Dominic Hobson, the co-founder of Future of Finance. They delved into the opportunities, challenges, and threats related to accelerating institutional adoption of digital assets. There are many factors encouraging, shaping and, in some cases, preventing the emergence of large-scale, global digital […]
Making CBDCs work for offline payments
Source: Quant In this article, we explore some of the key challenges associated with offline payments, why they must be an integral part of any central bank digital currency project and how to ensure that – while offline – they are secure and resilient enough to protect against cyberthreats and other financial crime. What are […]
Blockchain in 2024: The year of institutional adoption
The following article was written by Gilbert Verdian, Founder and CEO of Quant – a member of the Digital Pound Foundation. This article first appeared on their website. In this article, Gilbert Verdian identifies and interprets some of the most significant blockchain trends for 2024 (CBDC, programmable payments, regulation, interoperability) and explores the profound impact […]
Quant Elevates Blockchain Security with its New Central Bank-Grade Key Management Solution
In a significant development for the banking and financial sector, a pioneering solution called Overledger Authorise has been launched to bolster the security of blockchain-based transactions. Historically, financial institutions have banked on advanced key management systems to shield data, applications, and transactions. The dawn of blockchain and digital assets posed a challenge: the prevailing key […]
Quant launches Overledger Platform
Source: Quant Today, we unveiled Overledger Platform, making the same enterprise-grade technology that has underpinned our projects with institutional and central bank customers to-date, accessible to large enterprises, SMEs and developers for the first time. We are proud to unveil Overledger Platform: the infrastructure used in Project Rosalind – the Bank of England and Bank for International Settlements’ […]
Quant collaborates with BIS and the Bank of England on Project Rosalind
Source: Quant We’re proud to announce our role as part of the vendor team for Project Rosalind. The project, led by the Bank for International Settlements and the Bank of England, explored how application programming interfaces could be used for central bank digital currency systems. Project Rosalind, directed by the BIS Innovation Hub London Centre, […]
Bank of England and Quant share CBDC vision
Source: Quant During a panel session at the Financial Times Digital Assets Summit last week, the Bank of England’s director for central bank digital currency, Tom Mutton, and our CEO Gilbert Verdian shared their views on a digital pound and tackled questions from the audience about personal data privacy and interoperability. Joy Macknight, editor of The FT’s […]
