Governments
KornX team of digital currency experts help government entities design, test, launch and manage fiat digital currencies and stablecoins. Robust management system technology integrates seamlessly into legacy systems and opens up a world of possibilities for making and accepting CBDC and stablecoin transfers and payments
Digital Currency Solutions for Governments
As digital currencies become more widely accepted and adopted around the world, Governments and Government entities face an inevitable need for adopting technology solutions to facilitate their implementation.
KornX has pioneered a range of comprehensive digital currency solutions for Governments, based on our Digital Currency Management System (DCMS) network platform. Our systems integrate seamlessly with existing systems to create a truly customized, white-label solution. Our team of digital currencies experts bring a critical level of expertise and experience, helping to ensure the success of every phase of the process.
From the design and implementation of policies and procedures through CBDC and stablecoin deployment and transaction management, we have the solutions you need for success.
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CBDC Workshop
Our CBDC Workshops put our subject matter experts and thought-leaders at your disposal, allowing you to explore how developing and minting digital fiat currency can affect your economy and help you achieve your economic objectives.
CBDC Sandbox
Our proprietary CBDC Sandbox provides you with access to a robust test environment, while a CBDC Pilot program lets you and your stakeholders put our Digital Currency Management System (DCMS) to test. Finally, CBDC Deployment helps ensure that your system integrates seamlessly across all involved infrastructures.
CBDC and Stablecoin Deployment
Issued and managed by a central banking entity, fiat digital currency allows for immediate and seamless transfers and payment transactions. However, without the careful crafting of policy and procedure, and without a comprehensive solution for digital currency management, systems can be fraught with vulnerabilities.
The digital currency experts at KornX have a proven history of assisting central banks with the conception, development, pilot testing, roll-out and management of CBDC systems.
Stablecoin Pilot
Central banks seeking to establish the technical and functional requirements for meeting CBDC use-cases, in their jurisdiction and beyond, can engage in a CBDC Pilot project. During a CBDC Pilot, KornX configures the DCMS to meet the specific requirements of the client central bank, and makes the DCMS applications available to a defined group of stakeholders and users. CBDC Pilot projects also include integrations into the existing financial system infrastructure, as well as with other CBDC networks in collaboration with central banks worldwide.
Central Bank Digital Currency (CBDC) Development for Governments
Preparing appropriately for CBDC implementation can have a critical impact on the success of your digital currency deployment. KornX conducts CBDC Workshops, where our digital currency experts and other industry thought-leaders help government entities explore the potential benefits of launching fiat digital currencies.
With KornX CBDC Sandbox, you and your stakeholders can see these concepts in action. You will have the ability to fully interact with CBDCs, including simulating and testing transactions, management, tracking and reporting.
Before full CBDC Deployment, our solutions can facilitate a CBDC Pilot program, allowing you to test minting, issuing and transacting with a limited group of chosen stakeholders. This can provide invaluable insight and help us fine-tune your policies and processes in advance.
KornX Digital Currency Management Platform for Governments
Governments around the world are embracing the inevitability of a digital currency revolution. The good news is that creating and rolling-out a CBDC or centralized stablecoin can provide multiple benefits for government entities, as long as all stakeholders are adequately prepared for their integration with existing systems and processes.
The KornX Governement solutions, when implemented in conjunction with our Digital Currency Management System (DCMS), allows government entities to both make and accept digital currency payments. Our secure transaction management platform also enables tracking, management and reporting for CBDCs and stablecoins.
Contact us if you would like to learn more, or to schedule a no-obligation demonstration of our digital currency solutions for governments.
