The Solutions
MODERN CENTRAL BANK PLATFORM
A Modern Central Bank Platform leverages digital fiat currencies and distributed ledgers to support interbank (wholesale) and consumer (retail) transactions with greater transparency and efficiency. This requires well integrated and interoperable market infrastructures with high availability and the strongest security protocols that comply with local and international standards.
New technologies offer Central Banks more flexibility to achieve key goals such as Effective Governance, Market Stability, Financial Inclusion, Payment Efficiency and Real Time Risk Management. We believe Central Banks in Emerging Markets have a unique opportunity to leap frog in the technology they use for their financial markets.
EMTECH can help design their platform with the best of breed technologies based on their requirements. We leverage currency tokenization, distributed ledger, high performance wireless network and advanced data analytics technologies.
CROSS BORDER SOLUTIONS
Although cross border payments vary by size, corridor, currency match or distribution network, digital currency platforms can support very efficient processing models. By combining the messaging, clearing, foreign exchange conversion with full visibility of the tokens being transferred, real time final settlement is possible.
Cross border solutions for digital currency based systems can support a diverse set of distribution models (last mile, via wallets) with a strong liquidity management model and KYC/AML verifications, all recorded on distributed ledgers.
CROSS NETWORK SOLUTIONS
The adoption of tokens for currencies (digital currency) and non-currency assets (bond tokens, cryptocurrencies), coupled with smart contracts and distributed ledger capabilities will introduce new business models that deliver efficient, peer to peer, and broad asset interoperability.
Interoperability needs to account for the phasing from legacy solutions, and therefore must work with legacy systems, but be future-proof (i.e. allow for other digital / non fiat currencies).
For the longer term, making sure blockchain networks communicate to each other is critical to achieving true peer to peer network model. We see a world where private and and public networks around the world interoperate seamlessly. A Modern Central Bank Platform is built with that in mind in order to effectively manage the market risks such models will introduce.
Whether you are a Central Bank CTO, Innovation Officer or a Sponsor of financial infrastructure initiatives, allow us to be your innovation partner.
The Services
TECH & POLICY Alignment
Demystifying what the issues are and finding solutions collaboratively require a creative practice. It requires deep knowledge, strategic structuring, and in many ways, empathy. At the end of the day, solutions deployed by central banks will have a systemic impact on institutions and individuals, and therefore should be carefully designed with thoughtful and sensible policy frameworks.
EMTECH’s team brings central bank governance, policy and emerging tech expertise. We deliver Design Thinking and Educational Workshops.
MVP BUILD & Testing
With innovation moving much faster than ever before, central banks can explore and evaluate design and deployment options that fit their unique needs. Technical feasibility projects, Minimum Viable Products (MVPs) and Proof of Concepts (PoCs) can quickly showcase capabilities to customize and integrate in a way that bring value to the central banks.
EMTECH is protocol agnostic (in the world of Blockchain) and will work with various tech and services providers to build the best solutions for our clients.
SANDBOX IMPLEMENTATION
As central banks modernize the financial market infrastructure with digital currencies, innovators will get to build new solutions, design new business models and augment legacy systems.
EMTECH implements a standardized regulatory review process that also accelerates how fast solutions get to market.