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We already have shown our prototype solution to the Hyperlegder Community at one of the Hyperledger Meetup. during the Cross-border CBDC, tokenization and DLT Hyperledger Meetup. Our team is dedicated to sharing its knowledge on financial market infrastructures and CBDCs, as it is our field of expertise. We have gained a lot of positive feedback from the audience. Online The online recording is available here:
Widget Connector url https://www.youtube.com/watch?v=ghbpgcYJL2Q
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05/2022 Prototype Phase (Hyperledger Challenge 2022)
- Now
- First working prototype
08/2022 Launch Phase (Hyperledger Challenge 2022)
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- Privacy evaluation
- Possible privacy extentions extensions with private groups and cross-chain or in-chain swaps
- Performance evaluation and measurements
- Evaluation of use-case extensions
- Finding bank partner for launch
- Getting further community traction
- (further project plan might change based on the results of the evaluation phase)
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- Cross-border payment with embedded FX function
- Cross-chain Payment vs Delivery
- Green token issuance
- UI for further use - cases
2023 Q2 Integration Phase
- System integration to live banking systems
- ISO20022 compatibility analysis and questions
2023 Q2 Integration Phase
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Project potential and challenges
By sharing Project Juno Moneta on professional platforms and in articles, we would like to engage the open source community to contribute to the project. We find it important to share the potential of CBDCs in the next 10 years, as 90% of the central banks are engaging in the work of CBDCs in some form. There will be a huge demand for base solutions and skilled professionals to implement these systems.
In order to maintain and develop the project, commercial bank and central bank partnerships are needed, to gain valuable feedback on the system requirements and pilot the solution in a sandbox environment. IT security, regulatory, and governance consultation will be necessary to develop a viable system in a live environment. This domain knowledge must be improved within the team in the long run.