Jennifer O'Rourke is head of digital design and strategy at Depository Trust and Clearing Corp. She discusses DTCC's latest blockchain experiment, Project Lithium, to support the post-trade processing of a "digital dollar", should the Congress and Federal Reserve promote a US central-bank digital currency.

Timecodes:

0:00 - Jennifer O'Rourke, DTCC

1:10 - Impact of innovation on financial services

2:55 - Lessons from previous blockchain experiments

5:01 - Why blockchain technology?

7:19 - Project Lithium and supporting a digital dollar

9:10 - Versus modernizing America's legacy infrastructure

12:33 - Industry demand for instant settlement

16:02 - What comes first, digital securities or digital cash?

19:20 - Interoperability among CBDCs and other assets

21:40 - Lessons from Asia's pilots

24:29 - How to create standards with new tech

27:30 - Immutability, and public vs private chains

29:31 - Stablecoins and regulation

32:20 - How to measure Lithium's success

25:42 - Is the US at risk of falling behind China?