Lattice Network for
Central Bank Solutions

Interbank settlements will be made more efficient by using a distributed ledger and smart contracts.
Transfers in different currencies and payment vs. delivery models can minimize credit default risk.

Central banks gain control over the monetary system by issuing their own digital currencies, thereby eliminating the need for commercial banks in transactions.
The power of central banks is magnified by CBDCs, in that they can make their policies directly felt among the general public.
By contrast, if CBDCs were designed to offer a yield for holding them (as opposed to being used as a payment system), it would compete with other interest-bearing assets such as bank deposits.

Central banks could distribute money directly to retail users via targeted monetary policy. For example, they could have made the recent stimulus checks in the USA available instantly and according to programmed conditions.

Digital central bank money offers the public an alternative to storing savings with commercial banks, reducing financial uncertainty by increasing stability.

The digitization of payments enables additional innovations in the field.
A CBDC could represent a new system that would make it easier to move money around the world, allowing payments to clear in minutes instead of days.
It would be compatible with future payment systems and tech.

Through the use of CBDCs, emerging economies can compete with other alternatives and strengthen their currencies.
Countries that retain full control over their currencies enjoy greater stability in the long run, making them less susceptible to exchange rate shocks and liquidity problems.