Zumo is delighted to be invited to participate at this year Point Zero Forum 2023.
This year, Point Zero Forum convenes 1,000 central bankers, regulators and industry leaders around a series of leadership dialogues, public-private roundtables, deep dive workshops and networking opportunities.
The policy-technology dialogue taking place in Zurich, aims to drive confidence, adoption and growth of transformative technology, and assess and promote the appropriate governance and risk frameworks.
The Zumo team will be present to share our expertise at the Point Zero Forum dialogues. Find out more below.
Roundtable
SME Financing via Programmable Money and Tokenisation
Devina Paul
Chief Financial Officer Zumo
Hosted by Bank of Thailand
Bank of Thailand (BOT) initiated the Business Prototype Development Project for CBDCs in June 2020, marking the first time the BOT expanded the scope of CBDC development to business users. The Project is a collaboration between the BOT, SCG and Digital Ventures Company Limited (DV). In the project, BOT used CBDC with programmability features to help with supply-chain financing.
The test results demonstrate that DLT can increase payment efficiency for businesses by allowing users to set various conditions on the CBDC (programmable money) to enhance flexibility in handling business activities. In the past two years, the project had generated strong business interests and proved the feasibility of the ideas and technology but also showed scope for it to be modified or extended, particularly with invoice tokenisation.
This session aims to showcase Bank of Thailand (BOT)'s Business Prototype Development Project for CBDCs and to generate ideas from the industry that will inform an extension project planned for kick-off at the Point Zero Forum.
PST
10.00
-12.00
Date
26.June
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