Digitizing Financial Inclusion: Open Source’s Role in Wholesale CBDC-enabled Real Ti...
summary
An open source payments stack (Mojaloop) provides instant interoperable rails and hub-managed settlement, already running pilots in Tanzania, Malawi and an upcoming Rwanda deployment, with integrations for ACH, cards, POS and ATMs and cloud-first development on AWS with Azure support planned. A sandbox on APIX supports CBDC experiments; a MAS-backed challenge draws 300 submissions, 15 finalists, 3 using Mojaloop. Planned work focuses on wholesale CBDC: domestic clearing with CBDC settlement, account-based wholesale issuance, and cross-border multisystem testing, backed by a 1,000+ contributor community.
AI-written summary · about
chapters (24)
- 0:00Introduction
- 0:36Why open source
- 1:23Inclusive payment systems
- 2:09Winnie a shopkeeper
- 2:39Payment systems
- 3:14Transaction costs
- 3:46Convenience and innovation
- 4:23How can Mojo Loop help
- 5:29Open Source
- 6:48Interoperability
- 9:19Lower capital costs
- 11:32Central banks and governments
- 12:34CBDCs worldwide
- 13:08CBDCs reduce reliance on banks
- 15:00The Mojoloop Foundation
- 16:41CBDC Hackathon
- 17:06Mojo Loop
- 17:43Global Challenge Finalists
- 18:02CBDC Initiative
- 19:41CBDC Pilot Projects
- 20:28The Mojo Foundation
- 22:15The Mojo Community
- 23:28Learn More
- 23:55Community Work
related talks
28mWhy Open Source Technology Is Critical to Widespread Adoption of CBDCs and Other Digital Currencies
30mKeynote: Regulation Innovation Panel
43mHow Digital Public Goods Are Bringing the $10 Trillion Informal Economy Into the Digital Payments Loop
27mPanel Session: The Next Phase for Digital Money: From Pilots to Production in Korea and Beyond with Open Source
10mOpen Source Banking
21mPanel Discussion: Innovation, Interoperability and Scale: How Open Devel...
24mPanel Discussion: Building Infrastructure in the Open: How India Is Leading the Way in Forging T...
38mDeploying a national Open Finance infrastructure [...]