FortisNet, Project Hamilton, and Interledger: taking the paper out of global trade

FortisNet, Project Hamilton, and Interledger: taking the paper out of global trade

FortisNet, Project Hamilton, and Interledger move trade paperwork onto digital rails. Every part of it traces back to a named, primary source.

The Paperwork Layer

This material links the ecosystem to trade documents and paperless-commerce standards. Supporting material comes from the Boston Fed Project Hamilton and the MIT DCI Project Hamilton/OpenCBDC. BIS/G20 TechSprint 2023 PDF, a research document from the organizations involved, states it directly:

> G20 TechSprint 2023 4 Messages from the sponsors There is a need to explore solutions to improve efficiency in the cross-border payments space. The time is opportune for innovative tech-based solutions facilitated through standardised protocols and arrangements among nations to solve this problem. There have been increased efforts from RBI, but such efforts need to be expanded and scaled up.

What This Means For Market Infrastructure

What it changes for the broader institutional payments and tokenization stack: trade finance needs trusted records and interoperable workflows, giving distributed-ledger systems a practical role beyond speculation. The broader research trail also includes the Boston Fed Project Hamilton Phase 1 whitepaper PDF, the OpenCBDC transaction processor GitHub, and the World Bank CBDC interoperability PDF.

One caveat for honest use: Do not treat it as a Ripple endorsement or production CBDC deployment.

From The Source

Receipts For The Trade Finance Thread

• BIS/G20 TechSprint 2023 PDF
• Boston Fed Project Hamilton
• MIT DCI Project Hamilton/OpenCBDC
• Boston Fed Project Hamilton Phase 1 whitepaper PDF
• OpenCBDC transaction processor GitHub
• World Bank CBDC interoperability PDF
• World Bank/IMF Blockchain Interoperability working paper PDF
• World Bank remittances and Interledger article