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๐Ÿš€ I'M BACK โ€” AND HERE TO MAKE THE STELLAR NETWORK GREAT AGAIN! ๐ŸŒŸ ๐Ÿ”ฅAfter years of silence, I return with powerful news. As a representative of the Bank for International Settlements (BIS), Iโ€™ve spent the last years working on major projects โ€” including Project Promissa. Thanks to this work, we now have the infrastructure and legal approvals to fully integrate tokenized company shares (100%) into the Stellar Network. โœ… G20 countries are on board. โœ… Regulatory frameworks are aligned. โœ… It's time to bring institutional capital to Stellar. Iโ€™m here to initiate the integration and work with the community to make Stellar the backbone of global digital securities. โญ๏ธLetโ€™s build this โ€” together. Follow for more - t.me/bisstellar #Stellar #ProjectPromissa #BIS #TokenizedShares #G20 #XLM
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#ICYMI: GBBC members @WorldBank and BIS Innovation Hub released a report on the #ProjectPromissa collaboration. Learn more ๐Ÿ‘‡ bis.org/publ/othp93.pdf
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12 Jan 2024
๐Ÿš€ #G20 aims to boost multilateral development banks' financing capacity in the 21st century! #ProjectPromissa, a joint experiment by the #BIS Innovation Hub Swiss Centre, Swiss National Bank, and #WorldBank, is building a proof of concept platform for digital "tokenized" promissory notes. The project will simplify management, provide a single source of truth, and enhance efficiency. With significant volumes of notes across international financial institutions, the project could revolutionize the way member nations and institutions manage these financial instruments. Testing is set to be completed by early 2025. #MultilateralDevelopmentBanks
Bank of International Settlement is launching a project, Promissa, which will concentrate on tokenization of financial instruments such as promissory notes. bis.org/about/bisih/topics/fโ€ฆ
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