Hyperledger In-depth with Red Date Technology: Universal Digital Payments Network launched to support regulated digital currency payments

Recorded June 21, 2023

In this webinar, Hyperledger member Red Date Technology and global IT engineering and solutions provider GFT will introduce the Universal Digital Payments Network (UDPN).

Launched at Davos during the World Economic Forum 2023, the UDPN is a DLT-underpinned messaging backbone focused on providing interoperability between the fast-growing number of different regulated stablecoins and CBDCs, and seamless connectivity between any business IT system and regulated digital currencies. At the launch event, representatives from leading global financial institutions Deutsche Bank, HSBC, Standard Chartered, The Bank of East Asia, and Akbank discussed the rapidly evolving world of digital currency, the importance of interoperability and the need for an infrastructure to support these developments.

The UDPN has the potential to drive down the cost of digital payments and accelerate adoption by banks and businesses of all sizes.

To learn more about the UDPN, please visit www.udpn.io.