Global CBDC Development: Galactic Grid

Innovation lies at the heart of the CBDC evolution, focusing significantly on ensuring that digital currencies can handle high transaction volumes and maintain robust security protocols. The need for standards is critical, as they ensure that CBDC technologies not only meet current regulatory and operational requirements but are also adaptable to future advancements. Standards foster interoperability and enhance the security landscape by establishing common protocols for privacy, transaction verification, and risk management

Project Polaris: Navigating Offline Payments with CBDC - A High-Level Design Guide

Project Polaris' fourth report offers a guide for central banks on the complex design of offline payments with Central Bank Digital Currency (CBDC). Tailoring solutions to unique central bank requirements is essential since there's no universal remedy. This guide is designed to deepen central banks' understanding of offline payments' technology, focusing on requirements and design choices. Insights were gathered from workshops with 12 solution vendors, including SWN Global, Google, IBM, Crunchfish, and 6 central banks such as Sveriges Riksbank, Norges Bank, European Central Bank reinforcing earlier findings: Offline CBDC payments are vital for central banks. Design must consider holistic requirements. Trade-offs exist between different demands, such as privacy and system security. Solutions for offline CBDC payments are evolving, with a few mature pilots. Central banks can drive collaboration and innovation in the CBDC ecosystem by working with solution vendors. The guide covers current solutions, key design choices, and practical examples tailored to central banks' needs. It addresses resilience, inclusion, privacy, risk management, device security, and limits, with potential applications to identity, commercial bank money payments, wallets, and regulated stablecoins.

Empowering Central Banks: Offline Payments with CBDC Handbook

A BIS Innovation Hub Nordic Centre survey reveals that 49% of central banks consider offline payments with retail CBDC essential, while an additional 49% find it advantageous. Offline CBDC payments are crucial for reasons like resilience, inclusion, privacy, and cash-like attributes, though their implementation is complex, and demands meticulous planning. The handbook offers a comprehensive overview of offline CBDC payments, serving as a guide for central banks. There is no one-size-fits-all solution, as each country has distinct needs. The handbook addresses reasons, technology components, design criteria, and considerations for risk management, privacy, inclusion, and resilience. It aims to help central banks understand available technologies, security, threats, privacy, design principles, and operational aspects. The handbook, informed by expert advisers including SWN Global CEO, Seokgu Yun, central bank surveys, private-sector interviews, and research, remains adaptable to developments in CBDC, cybersecurity, and technology

The Future of cross-border payments 2021

As technology increasingly renders cash obsolete and innovators disrupt payment processes with new forms of money, banks and traditional payment platforms are racing to meet the challenges of the future. By John Orchard, CEO, OMFIF.

IAMTN Digital Transformation Report - Promise of a New Dynamic for Cross-border Payments

Report “Privacy and Central Bank Digital Currencies” on DEA Public Digital Euro Working Group

Podcast “Privacy and Central Bank Digital Currencies” on DEA Public Digital Euro Working Group

Recommendation “Ahead of the Digital Euro” on DEA Public Digital Euro Working Group

Podcast “Ahead of the Digital Euro” on DEA Public Digital Euro Working Group

MetaMUI Vision:

At Sovereign Wallet Network, we believe in financial systems that empower individuals and Nations. MetaMUI Vision Paper explores how Indigenous Digital Infrastructure (IDI) is reshaping economic sovereignty through Self-Sovereign Identity, Tokenized Payments, and AI-driven financial ecosystems. By eliminating reliance on intermediaries and debt-based models, we’re working to build a future where people, communities, and nations can exercise full control over their financial and digital sovereignty.

MetaMUI Overview:

MetaMUI is an identity-based blockchain designed to digitize national infrastructure and empower individuals with self-sovereign finance. It facilitates the secure and transparent digitization of diverse financial instruments, products, and services – from identities and credentials to transactions. Explore the future of finance, where every transaction is secure, every identity is verified, and every individual has the power to shape their financial destiny.

MetaMUI Whitepaper:

Sovereign Wallet's comprehensive whitepaper provides insights into MetaMUI technology, the world’s first identity-based blockchain, that is reshaping the financial landscape, fostering self-sovereign finance, and constructing a sustainable, inclusive economic model.By leveraging MetaMUI's innovative architecture, which combines decentralized identity and token blockchains, we pave the way for secure, scalable, and private transactions, as well as fostering a paperless digital society. This approach protects user privacy and allows for the digitization of various financial instruments, products, and services. We provide a unified platform and interoperable infrastructure for anyone to build their own blockchains. MetaMUI's hybrid architecture positions it for global-scale applications from central banks to digital stock issuance and cross-border payments, reaffirming our vision for an inclusive and sustainable economic model.