Mo

I'm delighted to announce that @quantnetwork has been selected to create the new payments infrastructure and bank technology of the UK's Tokenised Sterling Deposits (GBTD), a groundbreaking financial market infrastructure initiative led by UK Finance, in collaboration with major commercial banks including Lloyds, Barclays, HSBC, NatWest, Santander and Nationwide. Our technology has been chosen for its proven capabilities in interconnecting and interoperating diverse systems and enabling #programmability across different forms of money, building on our successful delivery during the #RLN's initial experimentation phase. This milestone goes beyond improving #payments, it's about enabling new forms of #programmablemoney that will fundamentally transform how value is moved and managed. Learn more about the project here: quant.network/press-releases… Announcement: ukfinance.org.uk/news-and-in… News: reuters.com/business/finance… #GBTD #TokenisedDeposits