What is the point of digitizing, if the interconnections and intermediaries retain old processes and infrastructure? What is left is an uneasy amalgam of the new and the old, not achieving expected savings of time nor money. Roxe's audacious global payment network reworks the entire stack.
This article is a response to the Fed note published on February 24th. , which goes through a list of preconditions to be met for a general purpose central bank digital currency. it is also marked by an unworthy timidity and lack of concrete solutions.