End of the year there is the traditional Swiss Payment Forum in Zürich. Two days full packed with experts sharing their know-how.
This year also Incentage will participate as speaker.
Our colleague Oscar Neira will explain to the audience why Banks should offer Crypto Trading and Custody.
"Can Cryptos already sit at the same table as the Grown Ups?" This is the question which Oscar wants to enlight. Means, is the Crypto Market grown up to be integrated in a high regulated Bank environment or not.
If yes, is it possible to make a Bitcoin or any other tokenized asset transaction from the Bank's Crypto Wallet "A" to another Bank's Crypto Wallet "B"? Sounds easy but can that be made over SWIFT and using the standard formats in ISO 20022? Let's see....
But why a Bank should offer Crypto Trading and Custody?
Oscar means for obvious reason. The clients demand it.
And if this is not enough, there is a clear trend coming from the Central Banks, worldwide. The Central Banks want CBDC's - Central Bank Digital Currency. Means soon or later the Banks need to know how to handle all the different Tokens like NFT 's, Crypto Currencies, digital Bonds, digital Shares and Derivatives and more.
So, why not starting now and give to the clients what they want?
Oscar will show use cases how such an integration of a Custody Applications can be done in to the Bank IT environment.
See his video inviting to the forum (in german): Video
Here the agenda
To follow the event in the socials search for #SPFZH22