Videos

Think Tank: Commercial Money Bank Token

The emergence of commercial DLT-based ecosystems is a catalyst for the evolution of new industrial business models. Simultaneously, the automation of business operations requires completely synchronized and self-governing payment flows. Current on-chain available forms of money, such as stablecoins, do not adequately fulfill corporate clients’ needs.

Commercial Bank Money Token (CBMT) may bridge this gap, retains the characteristics of commercial bank money (CBM) but is available on-chain. As an on-chain form of money, it can be integrated into new, DLT-based ecosystems and meet the operational needs of the digital industry such as smart contract use, Delivery versus Payment (DvP), and high-precision payments. With segments of the payment scheme represented as a smart contract, customers can execute parts of the transaction themselves, rendering CBM more “cash-like”. This allows for smooth integration into DLT-based industrial supply chains.

This video documents the event which took place on April 30h, 2024 and was offered in cooperation with the German Banking Industry. Representatives of the industrial companies and banks involved in the CBMT concept present a "proof of concept" to demonstrate the basic technical feasibility of the CBMT concept and highlight its potential. The speakers demonstrate how fungible multi bank tokenised deposits could be implemented on three diverse technical platforms.

Speakers are: 

  • Maximilian Baum | Deutsche Bank AG 
  • Kashani Ghafari | Siemens Treasury GmbH 
  • Claus George | DZ BANK AG 
  • Andreas Joest | Evonik Digital GmbH 
  • Maximilian Maischein | DZ BANK AG
  • Roberto Pagliari | Commerzbank AG 
  • Oliver Pieper | BASF SE
  • Manfred Richels | UniCredit Bank GmbH
  • Tobias Tenner | Association of German Banks e. V. 
  • Liv Tschee-Wegert | DZ BANK AG 
  • Simon Zieglgruber | Association of German Banks e. V.

The video is of interest for employees from the areas of payment transactions, corporate clients, cash management and digital assets/currencies.

If you have any questions on the topic or questions you would like to address to industrial companies and banks involved in the CBMT concept, please send them to: webinar@cbmt.io

You can find the video via the following link: Think Tank: Commercial Bank Money Token