What is the Future of Money? The common expectation is around the adoption of the emerging technologies so that it can be more digital, real-time, secure, and intelligent.  The initial pilots and experiments on the market have studied various potential forms and use cases.  While it is far from reaching conclusion and consensus, some common principles and directional convergence are increasingly observed. This session will discuss the latest developments on the market, analyse the key findings and design principles, and identify the key trends and opportunities.   It will share some live examples on how Tokenised Deposits, as it is picking up the momentum recently, can potentially bridge the technical advantages with the current prevailing regulatory regime, and may continue to extend its coverage into interoperability and smart transactions.

Tokenization, the process of converting asset rights into digital tokens on a blockchain, leverages blockchain's benefits for transparency, efficiency, and accessibility. Blockchain ensures immutable records, facilitates fractional ownership, and enables efficient settlement globally, reducing costs and risks. Smart contracts automate processes like dividend distribution, enhancing efficiency, while interoperability standards foster a connected ecosystem. Moreover, blockchain's transparency enhances compliance and auditability, offering a robust infrastructure for digitizing ownership and democratizing access to assets across industries.