In a world that moves towards Web3 and decentralisation, the concept and applications of digital public infrastructure undergoes a profound transformation. Traditional implementations, which predominantly involved layering digital services atop centralised infrastructure, have effectively fulfilled their roles in catalysing GDP growth and fostering digital financial inclusion by extending access to underserved populations and creating efficiencies. To make a meaningful impact on today and tomorrow’s global landscape, it becomes imperative to reimagine digital public infrastructure. This reimagination must focus on scalability and investment, unlocking the full potential of a truly cross-border and inclusive model accessible to all.

This roundtable will focus on a series of pertinent questions that arise when looking at a next-generation digital public infrastructure: 
- Has the pursuit of an equitable playing field inadvertently imposed limits on the potential for commerce, investment, and innovation?
- As the world moves towards a Web3 world, what are the implications for digital public infrastructure? Do the layers need to evolve and are additional layers or frameworks required? How can Web3 technologies be used to generate even more value?
- Lastly, how can interoperability between different countries be achieved to drive cross-border inclusion?

Stablecoins and tokenised deposits have both revolutionised the way we store and transfer value. Stablecoins bring about much needed stability to the agility and democracy of cryptocurrencies while tokenised deposits have brought the speed and efficiency of blockchain technology to traditional banking rails. However, the question remains: Which digital currency can best deliver payment utility for a variety of use cases while minimising associated risks? Tokenised deposits may benefit from the trust that depositors have in the established banking system, but are they quick enough to incorporate capabilities like programmability and interoperability? Fiat-backed stablecoins could offer more inclusive reach but at what cost – can the cryptocurrency industry mitigate risks comprehensively enough to hit critical mass in time to realise its full potential?

The debate will feature industry veterans from the crypto and banking sectors who will champion their native currency. Join us for an opportunity to hear arguments from our top experts and cast your vote to crown the ultimate digital currency winner on stage, live at the Singapore FinTech Festival.