by Jake ClaverRBA Project Acacia, Hedera, and HashSphere: rebuilding the cross-border payment rail
RBA Project Acacia, Hedera, and HashSphere sit at the center of how cross-border payments settle. It is concrete and sourced rather than a broad assertion.
The Rail Behind The Headline
This material connects the ecosystem to payment rails and cross-border transaction flows. Supporting material comes from the Hashgraph Project Acacia case study and the DFCRC Project Acacia page. RBA Project Acacia final report PDF, a research document from the organizations involved, states it directly:
> Australia’s wholesale asset markets through the development of tokenised finance. Overall, the project found strong potential for the tokenisation of assets, alongside digital money and/or enhanced settlement infrastructure, to improve the efficiency, resiliency and functionality of financial markets. However, generating these benefits will require a coordinated effort across industry and the public sector to further facilitate the development of tokenisation innovations.
The Takeaway For Hedera
This strengthens the Hedera ecosystem because payments infrastructure is a repeat-use case that can create ongoing demand for reliable networks and settlement assets. The broader research trail also includes the MAS Global CBDC Challenge Report 2021 PDF.
What The Source Shows
