Blockchain and Distributed Ledger Technology (DLT) in Wholesale Payments

Distributed Ledger Technology (DLT), commonly known as Blockchain, holds transformative potential for wholesale payment systems and securities settlement, promising to reduce counterparty risk, increase transparency, and enhance operational efficiency. This course provides a comprehensive analysis of how DLT can be applied in the high-value, high-security environment of interbank and cross-border payments. Participants will gain a technical understanding of consensus mechanisms, smart contracts, and tokenization, and critically evaluate the various wholesale CBDC and tokenized commercial bank money models. The program focuses on assessing the feasibility, risks, and regulatory challenges of DLT adoption, contrasting its features with established infrastructure like RTGS and Swift, and guiding central bank and commercial bank strategists on navigating this evolving landscape.