Networking Before Nine

Step into a world of innovation and collaboration with the Innovation Council's exclusive bi-monthly series, Networking Before Nine! We invite you to be part of this platform that seamlessly blends networking and exploration of the latest technology trends and regional issues.

Topic - CBDCs and Your Business: What You Need to Know for the Future
Paul Kashchy, Commercial Relationship Manager and Vice President with Capital Bank, will explore the world of CBDCs (Central Bank Digital Currencies) in our upcoming event designed to inform you about this evolving financial landscape.

Key Discussion Points:

• Introduction to CBDCs: Gain insights into CBDCs, which represent a digital rendition of a country's standard currency.
• Motivation Behind CBDCs: Discover the driving factors compelling governments and financial institutions to explore CBDCs.
• Key Features: Learn about the distinguishing features of CBDCs and how they might shape future monetary systems.
• Benefits for Businesses: Understand the potential advantages CBDCs may offer in terms of financial inclusion and simplification of monetary and fiscal policies.
• Challenges & Concerns: Explore the possible hurdles and concerns associated with the implementation of CBDCs.

Additional Insights:

• Transformative Potential: Understand how CBDCs could revolutionize financial transactions in the digital era.
• Financial Inclusion & Policy Streamlining: Learn how CBDCs aim to increase access to financial services and simplify regulatory frameworks.
• Global Perspective: Over 130 countries, representing 98% of global GDP, are exploring CBDCs. Nineteen G20 countries are currently in advanced stages of CBDC development.

You can expect more than just making connections; it's an educational journey! Immerse yourself in thought-provoking conversations and build relationships that can shape your future. Don't miss this opportunity to uncover the path to the future and join hands with industry leaders.