FNA Broadcasts

CBDC Broadcast #3 - HSBC and IBM’s joint CBDC Project


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  • The successful test of an advanced token and digital wallet settlement capability encompassing direct transactions between two central bank digital currencies (CBDCs) in a hybrid cloud environment
  • How the project executed a complex, multi-asset transactional scenario across ledgers
  • Multi-assets: CBDCs, eBonds (primary and secondary DvP), FX (PvP)
  • Ledgers: IBM’s Hyperledger Fabric & R3’s Corda, integrated using IBM’s Research’s Weaver interoperability tool
  • The key to reducing time and market risks and improving security for transactions between central banks, commercial banks and clients.
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