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Rumoured Use Cases (CBDC Special) & Breadcrumbs

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Apr 30th, 2021
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  1. Standard Bank
  2. “As we see increasing interest in Central Bank Digital Currencies (CBDCs), tokenization of assets, and utilization of stablecoins, it has become increasingly clear that digitization of assets will impact all facets of our business, and we must strategically plan for these pieces to work seamlessly together,” said Ian Putter, Head of DLT/Blockchain at Standard Bank Group.”
  3. “Hedera’s distributed ledger technology (DLT) effectively allows for the sharing of information between two parties involved in a transaction and ensures that that information or data is in fact credible and authentic – without the need for a trusted intermediary. Transactions conducted via the DLT platform are not confirmed until all data fields and conditions are met. This creates a transparent environment and allows for trades to be settled faster and more efficiently.“
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  5. https://www.standardbank.com/sbg/standard-bank-group/whats-happening/newsroom/standard-bank-group-establishes-africas-first-hedera-network-node
  6. https://www.ledgerinsights.com/south-africa-standard-bank-dlt-hedera-governing-council/
  7. https://www.investing.com/news/cryptocurrency-news/rumor-hedera-hbar-working-on-the-digital-dollar-with-the-central-bank-2456770
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  10. Shinhan Bank
  11. “In March, Shinhan announced it had developed a blockchain-based pilot platform for testing a central bank digital currency, or CBDC, in partnership with LG Corporation’s IT services wing. The platform seeks to allow local banks to act as intermediaries for a CBDC.”
  12. Officials at Shinhan Bank said, "Our clients and partners are increasingly interested in the benefits that digital transformation can provide for improving the efficiency and security of financial systems. Hedera's public distributed ledger in particular is uniquely suited to meet the needs of a widely-used fintech service that must be fast, fair, secure, and enable the controls and visibility required by service providers. We are excited to join the Hedera Governing Council to continue to work with leading global organizations in diverse industries on solutions that will underpin the next generation of finance."
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  14. https://cointelegraph.com/news/south-korea-s-largest-bank-joins-hedera-governing-council
  15. https://www.ledgerinsights.com/south-korea-shinhan-bank-joins-hedera-hashgraph-council-dlt/
  16. https://www.coindesk.com/south-koreas-shinhan-bank-builds-pilot-platform-for-central-bank-digital-currency
  17. https://www.prnewswire.com/news-releases/shinhan-bank-furthers-digital-transformation-plans-joins-hedera-governing-council-301265782.html
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  20. Mance Harmon on “Are central banks considering Hedera?”
  21. https://youtu.be/jKvQzVRQ1q0
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