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Technical Showcase: Tokenised Money and the Future of Cross-Border Transactions

This session presents a working prototype that brings together three foundational building blocks of the future financial market infrastructure:

  • Tokenised FX Settlement using central bank reserve money (Project Rialto) for atomic cross-currency delivery.
  • Programmable, Privacy-Preserving Compliance (Project Mandala) embedded directly into the transaction process via a rules engine and zero-knowledge proofs.
  • Nexus-Inspired IPS Linkage, simulating instant cross-border payments between different domestic payment systems

Together, these components demonstrate how real-time, cross-border payments can be made secure, compliant, and efficient, while retaining policy control and regulatory visibility

Speakers

Benjamin Lee

Benjamin Lee

Director & Chief Operating Officer, Nexus Global Payments

Khai Pham

Khai Pham

Advisor, Cross-border Payments & Financial Market Initiatives, Banque de France

Vincent Pek

Vincent Pek

Deputy Director, Monetary Authority of Singapore

Moderator

Friedrich Klinger

Friedrich Klinger

Advisor, BIS Innovation Hub - Singapore Centre

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