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Point Zero Forum

Zurich, 26 - 27 June

Zumo is delighted to be invited to participate at this year Point Zero Forum 2023.

This year, Point Zero Forum convenes 1,000 central bankers, regulators and industry leaders around a series of leadership dialogues, public-private roundtables, deep dive workshops and networking opportunities.

The policy-technology dialogue taking place in Zurich, aims to drive confidence, adoption and growth of transformative technology, and assess and promote the appropriate governance and risk frameworks.

The Zumo team will be present to share our expertise at the Point Zero Forum dialogues. Find out more below.

Roundtable

SME Financing via Programmable Money and Tokenisation

Devina Paul | Chief Financial Officer, Zumo

Hosted by Bank of Thailand Bank of Thailand (BOT) initiated the Business Prototype Development Project for CBDCs in June 2020, marking the first time the BOT expanded the scope of CBDC development to business users. The Project is a collaboration between the BOT, SCG and Digital Ventures Company Limited (DV). In the project, BOT used CBDC with programmability features to help with supply-chain financing. The test results demonstrate that DLT can increase payment efficiency for businesses by allowing users to set various conditions on the CBDC (programmable money) to enhance flexibility in handling business activities. In the past two years, the project had generated strong business interests and proved the feasibility of the ideas and technology but also showed scope for it to be modified or extended, particularly with invoice tokenisation. This session aims to showcase Bank of Thailand (BOT)'s Business Prototype Development Project for CBDCs and to generate ideas from the industry that will inform an extension project planned for kick-off at the Point Zero Forum.

Interested?

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©2023 Zumo, Zumo Enterprise, Zumo Money are trading names of Zumo Financial Services Limited and Zumo Technology Limited. ZUMO is a registered trade mark of Blockstar Holdings Limited (EU TM Reg No 17996331) Zumo Financial Services Limited (SC583644). Registered Office: Suite 2, Ground Floor, Orchard Brae House, 30 Queensferry Road, Edinburgh, Scotland, EH4 2HS. Zumo Technologies Limited (13526508) & Blockstar Holdings Limited (13277394). Registered Office: 316a Beulah Hill, London, England, SE19 3HF. Zumo Financial Services Limited provides custodial and non-custodial wallet options and cryptoasset exchange services - be Risk Aware! - and is registered with the UK Financial Conduct Authority pursuant to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended (FCA reference 901033). Zumo Financial Services Ltd (Firm Reference Number: 902855) is a registered EMD agent of Modulr FS Limited, a company registered in England and Wales with company number 09897919, which is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (Firm Reference Number: 900573) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr FS Limited. Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme (FSCS) your funds will be held in one or more segregated accounts and safeguarded in line with the Electronic Money Regulations 2011 - for more information please click on UK Safeguarding Explanation below.