SICPA has joined forces with INX to build out the CBDC ecosystem.

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INX and SICPA’s Collaborative Effort

A partnership between INX and SICPA will lay the foundation for a new solution that enables stakeholders to leverage digital currencies in a secure and scalable environment.

This planned joint venture is a crucial component of INX’s mission to revolutionize finance and lead the development of the emerging digital economy. Through this collaboration, both companies aim to develop a blockchain solution for Central Bank Digital Currencies (CBDCs) alongside the necessary infrastructure support.

The partnership intends to enhance cross-border interoperability among various stakeholders. Under the Memorandum of Understanding (MOU), INX and SICPA will work together to create a blockchain solution for CBDCs, along with an ecosystem that can assist clients in enhancing monetary sovereignty while boosting overall country GDP.

Additionally, this joint venture seeks to expand the access of governments to payment infrastructure, streamline cross-border transactions, maintain control over their sovereign currencies through robust regulations, and introduce privacy and security measures.

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