SWIFT Has Just Changed EVERYTHING! CBDCs Will Need HBAR & XLM

HederaHedera
$0.0617
‑5.15%
self.Hedera1m ago
# [https://youtu.be/zk7-PZ7Mtgg](https://youtu.be/zk7-PZ7Mtgg) I believe that Hedera's inherent ABFT, leaderless security will make it a favourite for highly secure transactions with enterprise / financial applications. [https://www.businesswire.com/news/home/20220505006040/en/EMTECH-and-HaitiPay-Unveil-The-First-CBDC-Proof-Of-Concept-for-the-Haitian-Market-Leveraging-Distributed-Ledger-Technology-APIs-and-Fintech-Services-to-Reimagine-the-Country%E2%80%99s-Payment-Rails](https://www.businesswire.com/news/home/20220505006040/en/EMTECH-and-HaitiPay-Unveil-The-First-CBDC-Proof-Of-Concept-for-the-Haitian-Market-Leveraging-Distributed-Ledger-Technology-APIs-and-Fintech-Services-to-Reimagine-the-Country%E2%80%99s-Payment-Rails) "The partners worked to demonstrate how a CBDC built on a publicly distributed ledger, Hedera Hashgraph, with an API-led infrastructure can accelerate financial inclusion. This approach lowers the cost of payments and gives seamless access to digital cash for a regulated fintech like HaitiPay, and servicing the banked, unbanked, underbanked and the diaspora. “We have developed an architecture that makes the Haitian CBDC accessible to every Haitian around the world, subject to regulatory rules,” said Tabor Wells, CTO at EMTECH. “We see the diaspora as a key stakeholder in our approach to designing for accessibility, security, scalability, and resilience.” By driving innovative fintech adoption, Haitian leaders are supporting a wealth of synergies that will transform the country’s economy for generations to come. Fintech companies interested in Haitian innovation can sign up on [app.emtech.com](https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fapp.emtech.com&esheet=52710081&newsitemid=20220505006040&lan=en-US&anchor=app.emtech.com&index=3&md5=df257e95d07021f23f6f44883f1f0550) to start their regulatory journey in Haiti."