Binance Square
group
5,928 vues
7 Publications
Tendance
Récents
LIVE
LIVE
OfficialCrypto2024
--
The Regulated Liability Network (RLN) has completed its United Kingdom discovery phase and is set to proceed with a retail central bank digital currency (CBDC) use case. The RLN project aims to accommodate central bank, commercial bank, and regulated non-bank transactions operating within partitions on a single network. The RLN is a regulated financial marketplace infrastructure in the U.K., with contributors from financial institutions worldwide and support from advocacy #group UK Finance. The RLN discovery phase examined three #potential use cases for the network: consumer domestic payment, wholesale cross-border payment, and securities settlement. The project settled on the first case to pursue a proof of concept. The report found that the RLN provided several benefits for domestic payment, such as providing consistency between CBDC and commercial bank money, helping reduce authorized push payment fraud, and improving settlement time. The RLN would use a native settlement token and contain tokenized regulated money and digital assets on the same ledger. #Tokenized liabilities (money) would remain claims on the issuer, rather than on the RLN. The project completed a pilot program for wholesale cross-border #payments earlier this year, but it now says this use case may be the least feasible for a proof of concept due to the complexity of dealing with multiple jurisdictions, participants, and #regulatory requirements. Securities settlement was judged to have a medium degree of feasibility due to the multiple non-bank parties involved and regulatory complexity.
The Regulated Liability Network (RLN) has completed its United Kingdom discovery phase and is set to proceed with a retail central bank digital currency (CBDC) use case. The RLN project aims to accommodate central bank, commercial bank, and regulated non-bank transactions operating within partitions on a single network. The RLN is a regulated financial marketplace infrastructure in the U.K., with contributors from financial institutions worldwide and support from advocacy #group UK Finance.

The RLN discovery phase examined three #potential use cases for the network: consumer domestic payment, wholesale cross-border payment, and securities settlement. The project settled on the first case to pursue a proof of concept. The report found that the RLN provided several benefits for domestic payment, such as providing consistency between CBDC and commercial bank money, helping reduce authorized push payment fraud, and improving settlement time.

The RLN would use a native settlement token and contain tokenized regulated money and digital assets on the same ledger. #Tokenized liabilities (money) would remain claims on the issuer, rather than on the RLN. The project completed a pilot program for wholesale cross-border #payments earlier this year, but it now says this use case may be the least feasible for a proof of concept due to the complexity of dealing with multiple jurisdictions, participants, and #regulatory requirements. Securities settlement was judged to have a medium degree of feasibility due to the multiple non-bank parties involved and regulatory complexity.
LIVE
--
Haussier
Majority Of the people’s cry 😭 and Some of them claim we make this type of profit or this type of Profits . Currently in Pakistan I am very happy to say We are the “third” Group having large fan following not just because of our Posts Because of Our Valuable Signals . But we should also know that we doesn’t assure you 100% that you will make profits but at a great accuracy level you can . So what are you waiting for !! Join our Crypot Signals #group today !! Read Comment!!
Majority Of the people’s cry 😭 and Some of them claim we make this type of profit or this type of Profits . Currently in Pakistan I am very happy to say We are the “third” Group having large fan following not just because of our Posts Because of Our Valuable Signals . But we should also know that we doesn’t assure you 100% that you will make profits but at a great accuracy level you can . So what are you waiting for !!

Join our Crypot Signals #group today !!

Read Comment!!
Découvrez les dernières actus sur les cryptos
⚡️ Prenez part aux dernières discussions sur les cryptos
💬 Interagissez avec vos créateur(trice)s préféré(e)s
👍 Profitez du contenu qui vous intéresse
Adresse e-mail/Numéro de téléphone