Priya PatelThe Bank for International Settlements (BIS), the Swiss National Bank, and the World Bank are partnering on a project to test the digitisation of promissory notes. The project seeks to address operational challenges faced by financial institutions that rely on paper-based promissory notes. The digitisation of these instruments could lead to increased efficiency and reduced costs in managing and processing them.
BIS and partners: Testing digital promissory notes. Let’s go
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