Blockchain for Central Banks | Test and Launch CBDCs

Benefits of Blockchain for Central Banks

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.

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.

Efficiency

Digital money moves faster and more seamlessly through the economy, reducing costs and streamlining payments for everything from P2P transactions to global trade.

Digitization

Stablecoins have shown the potential of digital money to change the way we trade, buy, and work. By launching their own CBDCs, central banks can ensure they're not left behind.

Interoperability

Digital forms of money facilitate collaboration. Facilitating the secure sharing of information regardless of country of origin is imperative to realize the potential of digital money.

Transparency

Adding a new layer of transparency to global markets helps bring accountability to systems, automate fraud detection, and empower citizens to observe government initiatives.

Rated #1

Asset Tokenization & Blockchain on G2

1000+

Digital Transformation Projects

500M+

Blocks Mined on Kaleido Chains

10K+

Developers Across 30+ Countries

How Kaleido Helps Central Banks Unlock the Power of Blockchain

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.

Regulatory sandboxes

These testing grounds allow central banks to test strategies and define regulations before deploying solutions globally.

Future of money

CBDCs allow central banks to participate in an increasingly digital economy. By building on flexible platforms like ours, they can develop financial services that drive the conversation.

International settlements

Blockchain for CBDCs powers fast cross-border payments. Our platform allows central banks to quickly build, test, and deploy digital solutions that unite markets.

Payment systems

Blockchain technology can be used to define completely new payment ecosystems that can be accessed around the globe from a computer or smartphone—making global markets available to more people.

Standard setting

Central banks run the risk of being left behind as financial markets decentralize. CBDCs give institutions a seat at the table, allowing them to set standards that will define future markets.

Transaction costs

Distributed ledgers lower transaction costs and are more affordable than cash, credit cards, and other forms of payments. CBDCs may also save retailers on costly processing fees.

From Sandbox to Mass Adoption—Kaleido Powers Next Gen Financial Solutions

Kaleido's platform allows institutions to quickly develop proof of concepts and engage stakeholders in complex organizations. With just a few clicks, you can create a blockchain network, deploy it, and begin inviting members to collaborate. It’s why global leaders trust our experience in designing and implementing central bank digital currency platforms.