Capgemini-利用数字货币-银行如何为其IT资产做好准备以充分发挥CBDC的力量和潜力(英)_第1页
Capgemini-利用数字货币-银行如何为其IT资产做好准备以充分发挥CBDC的力量和潜力(英)_第2页
Capgemini-利用数字货币-银行如何为其IT资产做好准备以充分发挥CBDC的力量和潜力(英)_第3页
Capgemini-利用数字货币-银行如何为其IT资产做好准备以充分发挥CBDC的力量和潜力(英)_第4页
Capgemini-利用数字货币-银行如何为其IT资产做好准备以充分发挥CBDC的力量和潜力(英)_第5页
已阅读5页,还剩9页未读 继续免费阅读

下载本文档

版权说明:本文档由用户提供并上传,收益归属内容提供方,若内容存在侵权,请进行举报或认领

文档简介

Harnessing

digitalcurrencies

HowbankscanpreparetheirITestatestoleveragethepowerandpotentialofCBDCs

Caseinpoint-DigitalEuro

Inbrief

•With70%ofcentralbanksaimingtoissueaCBDCwithintheforeseeablefuture,andtheDigitalEuroonthenear-termhorizon,digitalcurrencymomentumisbuilding.

•AsCBDCadoptionwilllikelybemandatoryforbanks,it’simperativeforbankstoget

startedwithstrategicallyaddressingthe

manybusinessandtechnologyimplications.

•LearningfromexamplesofDigitalEuro

preparations,wehaveidentifiedherethreecriticalstepsthatbanksneedtocompletetosucceed.

Withconsumers,businesses,andgovernmentskeenlyinterestedinfast,easy,cost-effective,andsecuredigitaltransactions,momentumcontinuesbuildingfor

central

bankdigitalcurrencies(CBDCs)

.

Asdigitalcurrenciesbackedbycentralbanksare

generallysaferthanotherformsofvirtualmoney

,like

cryptocurrencyorstablecoin,manycurrencyunions

andcountriesareexpectedtomakeadoptionbybanksmandatory,includingintheEurozoneand,likely,theUK.

Inresponse,bankinginnovatorsarealreadyestablishing

theirCBDCstrategies,readyingtheirtechnology

infrastructures,andevenpilotingdifferentaspectsof

digitalcurrency.TohelpfinancialinstitutionsharnessthepowerandpotentialofCBDCs,withDigitalEuroastheleadingexample,thisarticlewilllookatkeystepseverybankshouldaddressinordertoremaincompetitivein

theinevitabledigitalcurrencyfuture.

Progresscontinues

worldwide

Althoughtheattentionofmanybanks,particularly

thoseintheEUandUK,hasfocusedonmeetingotherdigitalizationimperatives,CBDCprogressismoving

forwardapace.

Worldwide,thenumberofcountriesdevelopinga

CBDCnowtops100,with19oftheGroupof20(G20)countriesintheadvancedstages.3Threecountries

havefullylaunchedaCBDC,theBahamas,Jamaica,and

Nigeria3,with70%ofcentralbanksplanningtoissueaCBDCwithinthenextdecade4.

Inall,36wholesaleandretailCBDCinitiativesare

underway.ThisincludestheDigitalEuro5,forwhichtheEuropeanCentralBank(ECB)iscurrentlywellalongthedevelopmenttimeline.Onitsheels,theUKisexpectedtointroduceaDigitalPound.

Harnessingdigitalcurrencies2

3keystepsforCBDCsuccess

Despitetheprogress,thereisstillperilinvolvedwithCBDCs.ThemostclearlydemonstratedexamplewastheEasternCaribbeanCurrencyUnion,consisting

of8countries,wheretheEasternCaribbeanCentralBank(ECCB)halteditsdigitalcurrencyrolloutduetotech∩icaldi代culties,foΓci∩9thedevelopme∩tofanewpilot.6

Forbanks,theprimarytakeawayfromECCU

experienceistheimportanceofstartingearlyandtakingastrategicapproachtodevelopingand

executi∩9di9italcuΓΓe∩cyo阡eΓi∩9s.Toe∩suΓethe

expectedmandatescanbemet,risksareminimized,

andvalueisderived,herearethethreekeystepseverybankneedstotake:

1)Understandtheregulatoryenvironment

Withmanyjurisdictionsstillworkingontheunderlyinglegislation,suchasintheEU,theirassociatedcentralba∩kshaveyettofi∩alizeΓe9ulatio∩s.

However,themostessentialregulatoryelementsarealreadywellestablished,givingbanksasolidstartingpointfordevelopingastrategyandbeginningtheirexecutionphases.Mostimportantly,bankscannot

delaytheiΓdi9italcuΓΓe∩cye阡oΓtsi∩oΓdeΓtoe∩suΓecompliancewiththeexpectedmandateslaterthis

decade.

2)DevelopacomprehensiveCBDCstrategy

Likeanytransformation,successfullypreparing

forCBDCsrequiresacomprehensivebusinessandtechnologystrategy.

CriticaldecisionsstartwithwhethertomerelycomplywithCBDCmandatesorleveragedigitalcurrencies

forcompetitiveadvantagebylayeringvalue-added

seΓviceso∩topofbasicdi9italcuΓΓe∩cyo阡eΓi∩9s.AsthisdeteΓmi∩atio∩a阡ectsallotheΓs,successfulba∩kswillmakethisdecisiontheirhigheststrategicpriority.

Anotherconcernisdigitaldistributionchannels,ascentralbanksplantointroduceCBDCappsforbankstosupport.Inresponse,bankscaneithercreatea

singlechannel,byfullyintegratingaCBDC’sappwiththebank’sapp,orpursueamultichannelapproach,

whereeachappstandsalone.IntheEurozone,a

multichannelapproachwouldrequirecustomersto

juggletheDigitalEuroapp,thependingSCT-InstWeroapp,andthebank’sapp.

Athirdpivotalfactoriscustomerloyalty.Asdigital

cuΓΓe∩ciessi9∩ifica∩tlyΓeducefΓictio∩foΓcha∩9i∩9institutions,robustlyaddressingloyaltywillbekeytoattractingandretainingaccountholders.

Formanybanks,developingacomprehensivestrategy

willposeachallengeduetoalready-stretched

technologycalendars.Asanexample,Europeananda阡ectedUKba∩ksaΓeimpleme∩ti∩9

PSD3

,

PSR

,ISO20022,andSEPAInstantCreditTransfer(SCTInst).

BankstemptedtoresolvethesituationbytreatingCBDCstacticallywillbeburdenedwithaprotractedevolutionastheyworktoproperlyimplementdigitalcurrencies.

3)AddressthetopITgaps

Unsurprisingly,CBDCintroductionisspawningahostofuniquetechnologyrequirements,adjustments,andmodernizations.Themostcriticalare:

AΓchitectuΓalmodificatio∩s,asdigitalcurrency

accountswillbeamirrorofthecentralbank,ratherthanactuallyholdingfunds.Thisisfundamentallydi阡eΓe∩ttha∩thecuΓΓe∩taΓchitectuΓeofmost

bankingcoresystems,necessitatingaconsiderableoverhaul.

Accountnumberadjustmentstoaccommodate

changesinthenamingsystemfordigitalcurrencies.Forexample,theDigitalEuroincludesaunique

ide∩tifieΓcalledaDi9italEuΓoAccou∩tNumbeΓ(DEAN).Inadditiontoaccountnumbersbeing

stΓuctuΓallydi阡eΓe∩ttha∩today’slBAN,di9ital

currenciescanpermitaliases,likeamobilephone

number,requiringbankstoalsomanageanaccountmappingtable.

Processingspeedimprovementstoattainvelocitiesoflessthanthreeseconds,farfasterthancurrentperformancecapabilities,formeetingexperience

Harnessingdigitalcurrencies3

expectations.EvenbankspreparingforSCT-Inst

willhaveworktodo,asitsrequirementisfiveto20seconds.

Paymentenginemodernization,duetoallCBDC

settlementsoccurringinthecentralbank’sledger.Inanutshell,banksmustpreparefordigitalcurrencyaccountsthatcanbefundedanddefundeddirectly

frommultipleprivateaccountsorcommercial

accounts.Thismeanseverytransactionwillbebrokendownintomultiplecomponentsforabank’spaymentsenginetoorchestrateandvalidateagainstthedigitalcurrency’sholdinglimit.Further,thefundingsource

anddefundingtargetscanbeatanotherinstitution.Eventhesequenceofprocessingstepswilllikelydifferfromcurrentnorms.

Inaddition,abank’spaymentenginewillberequired

toconnectwithacentralizedfrauddetection

functionandtherewillbenewprivacy-enhancing

techniques,likepseudonymizeddata.However,thepseudonymizationofthisdatamayoccuroutsidethepaymentengine.

Offlineoperationenablementbyprovidingtheabilitytotransfervaluebetweendevicesabsentanydigitalledgerconnectionand,possibly,communicatingthetransactionstothecentralbank’sledgerlater.

Oneofflineoptionwasrecentlypilotedby

ANZBankin

cooperationwiththeReserveBankofAustralia(RBA)

.Itleveragedblockchainandnear-fieldcommunication(NFC)tocreateapaymentmodelresemblingahybridoftraditionalcashandcardtransactions.

Swiftinteroperabilitydevelopmentforconnectingtotheorganization’snewinterlinkingsolutioncurrentlybeingestablished.Havingrecentlycompleteda

secondphasetrialwith

38institutionsandtwo

consultingpartners

,theSwiftinterlinkingsolutionaimstoconnectCBDCnetworks,existingpaymentsystemsandothernetworks,suchasbank-led

tokenizeddepositnetworks.

TransactionhistoryandreportingupgradestoaccommodatetheCBDCprocessesknownasthereversewaterfallandwaterfall.Essentially,

ifacustomer’sdigitalcurrencyaccountcontains

insufficientfundsforcompletingatransaction,the

neededbalancewillbefundedfromoneormore

externalaccounts,includingbankaccounts.Similarly,ifacustomer’saccountrisesabovetheholdinglimit,theaccountwillbedefundedautomaticallytooneormoreexternalaccounts.Althoughbankswillneedtotrackandreportoneacheventinthechain,customers

willlikelyprefertoviewthevariousunderlyingtransactionsasasingleevent.

Leveragetrustedpartnerships

toachieveCBDCgoals

TonavigatethemanyCBDCnuances,bankscanturntopartnerswithcriticaldigitalcurrencyexperienceandexpertise.Therightpartnerscanassistwith:

•Strategydevelopment:

Helpingtodesignacomprehensiveplanthat

establishesgoalsandaddressesthemyriadbusinessandtechnologyconsiderations.

•Impactanalysis:

AssessinghowCBDCadoptionwillaffecta

bank’sapplications,revenues,risk,organizationalprocesses,andclientrelationships.

•Proofofconceptdesignandcompletion:

ToensureCBDCgoalscanberealized,oneormore

pilotphasesforeachtechnologysolutionwillbenecessary.

•Staffdevelopmentandchangemanagement:

DuetoCBDCcomplexitiesandthenewprocesses

required,robuststafftrainingandchangemanagementarevital.

Harnessingdigitalcurrencies4

Integrationandbusinessembedding:

Multiplenewtechnologies,andtheirrelated

businessprocesses,willrequireintegratingintoabanksexistingenvironment,includingcore

systems,payments,andchannelapps.

SolutionTesting:

Determineandexecuteanend-to-endtestingandproductrolloutstrategyacrossalldigitalcurrencyservicesofferedbythebankandallrelevant

channels.

Harnessingdigitalcurrencies5

Inconclusion

Thetimetostart:Now

Withstronginterestinsaferandmoreequitableformsofvirtualmoney,centralbanksareforgingahead

withCBDCs.Astheseeffortsareexpectedtoincludeadoptionmandates,leadingbanksarerespondingbydevelopingCBDCstrategiesandevenbeginningearlyexecutionphases.

GiventheinevitabilityofCBDCs,alongwiththe

associatedbusinessandtechnologyimplications,

financialinstitutionscannotsitonthesidelines.By

startingtheirjourneysnow,bankscansuccessfully

leveragethisnewtypeofvirtualmoney,developvalue-addedservices,andrealizebenefitsfromCBDCs.

Endnotes

1

CBDC(CentralBankDigitalCurrencies)-statistics&facts

,Statista,Accessed8/5/2024

2

CentralBankDigitalCurrencyTracker

,AtlanticCouncil,Accessed8/5/2024.

3Ibid.

4

CBDCsuccessdependsonpublicandprivatesectorcollaboration

,OMFIF,February2,2024

5

CentralBankDigitalCurrencyTracker

,AtlanticCouncil,Accessed8/5/2024.

6

DCash2.0-CentralBankD

温馨提示

  • 1. 本站所有资源如无特殊说明,都需要本地电脑安装OFFICE2007和PDF阅读器。图纸软件为CAD,CAXA,PROE,UG,SolidWorks等.压缩文件请下载最新的WinRAR软件解压。
  • 2. 本站的文档不包含任何第三方提供的附件图纸等,如果需要附件,请联系上传者。文件的所有权益归上传用户所有。
  • 3. 本站RAR压缩包中若带图纸,网页内容里面会有图纸预览,若没有图纸预览就没有图纸。
  • 4. 未经权益所有人同意不得将文件中的内容挪作商业或盈利用途。
  • 5. 人人文库网仅提供信息存储空间,仅对用户上传内容的表现方式做保护处理,对用户上传分享的文档内容本身不做任何修改或编辑,并不能对任何下载内容负责。
  • 6. 下载文件中如有侵权或不适当内容,请与我们联系,我们立即纠正。
  • 7. 本站不保证下载资源的准确性、安全性和完整性, 同时也不承担用户因使用这些下载资源对自己和他人造成任何形式的伤害或损失。

评论

0/150

提交评论