The future of payment transactions will be shaped not by new currencies, but by new processing models. A practical report by Marc Pussar (KPMG Law), Sascha Uhlman (KPMG) and Heiko Nix (Head of Cash Management and Payments at Siemens AG) on real-time liquidity management with blockchain technology using Siemens as an example can be found in Private Banking Magazine. The article is freely available.
“Experience shows: No new currencies or radical technological breakthroughs are needed for the further development of payment transactions. What is crucial is that regulated money can be used digitally, clear rules are defined and reliable data is available.”
KPMG Law
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