Tue. May 28th, 2024

The Bank for International Settlements (BIS) has announced six pioneering projects for 2024 that aim to integrate emerging financial technologies, such as quantum security, artificial intelligence, and green finance. The projects include quantum-proofing payment systems, revolutionizing emissions tracking in supply chains, researching the privacy aspects of retail central bank digital currencies, enhancing the accessibility of climate-related financial data, testing the tokenization of promissory notes, and using network analytics to combat financial crime. The BIS Innovation Hub is leading these projects to enhance the resilience and efficiency of the global financial system in the digital and environmentally-conscious era.

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