What is UK Finance?
What is the Regulated Liability Network, or RLN, experimentation that aims to incorporate CBDCs into the existing financial system?
How does RLN incorporate CBDCs, tokenization of assets, commercial bank deposits, blockchain and distributed ledger technology and smart contracts from crypto?
What are some of the advantages and disadvantages of the RLN such as centralization, programmable money, faster settlement times for transactions due to operating real-time, interoperability etc.?
How is the RLN aligned with Project Rosalind, the Bank for International Settlements (BIS), and the Bank of England?
Who are the technology providers for the RLN?
How is the cryptocurrency Quant (QNT) involved with RLN’s technology?
Who are the 11 large banks or financial institutions who are members of UK Finance and who have signed up to the RLN?
That is what I cover in this video.
It has never been more important to educate yourself financially.
Contact me here or via e-mail if you are interested in working with me:
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Check out my previous video here on Project Rosalind:
Crypto Firm 'Quant' (QNT) Joins The Bank of England & The BIS To Create A Retail CBDC Payment System:
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Chapters:
0:00 - UK Finance’s RLN
1:36 - Regulated Liability Network
3:55 - Technology providers for the RLN
4:35 - Cryptocurrency, Quant (QNT)
5:55 - 11 UK Finance members who have signed up to the RLN
7:36 - Closing thoughts
Disclaimer:
The information contained in this video is for informational purposes only. Nothing shall be construed as financial advice. The content is solely the opinions of the speaker who is not a licensed financial advisor. The speaker does not guarantee any particular outcome.
#cbdc
#quant
#uk
#crypto
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