Solutions Financial Institutions
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Financial Institutions

Bitt’s solutions enable financial institutions to harness the power of digital currencies, both for their own organizations and for their customers. Bitt can meet all your digital currency requirements, from conducting a CBDC and Stablecoin Workshop and Sandbox, to facilitating your CBDC and Stablecoin Pilot and Deployment.

CBDC and Stablecoin Workshop

A CBDC and Stablecoin Workshop provides an opportunity for financial institutions to engage with CBDC and Stablecoin subject matter experts from Bitt and other market-leading organizations. During a Workshop, participants discuss how the introduction of a CBDC or Stablecoin could affect the domestic financial system and economy. Financial institutions can gain an understanding of how they can prepare for the introduction of a CBDC, and/or can assess how a Stablecoin operation would function in their region and beyond.

CBDC and Stablecoin Sandbox

Bitt’s CBDC Sandbox enables financial institutions to deploy and interact with a fully functional digital currency system out of the box. The Sandbox offers participants an opportunity to effectively test, simulate and plan the operationalization of a digital currency. Financial institutions and other stakeholders can execute a variety of CBDC and stablecoin use cases via DCMS applications, including creating a stablecoin, transacting between a variety of stakeholders, reporting and monitoring functionality, and more.

CBDC Pilot

Financial institutions seeking to participate in a CBDC Pilot project can utilize Bitt’s Financial Institution (FI) Suite to integrate with the CBDC network. The FI Suite enables financial institutions to perform a variety of transactions for their own institution, as well as enterprise and retail clients. Bitt provides the Merchant Suite and Consumer Wallet for financial institutions seeking to provide CBDC payment services for their clients, or SDKs to integrate with existing applications. Bitt can ensure that financial institutions are prepared to maximize the functionality of a CBDC for institutional and banking client requirements.

Stablecoin Pilot

Bitt enables financial institutions to establish the technical and functional requirements for meeting all desired stablecoin use cases in a particular jurisdiction and beyond. During a Stablecoin Pilot, Bitt works with financial institutions to configure the DCMS to meet specific requirements, and makes the DCMS applications available to a defined group of stakeholders and users. Stablecoin Pilot projects can also include integrations into the existing financial system infrastructure, as well as integrations with other digital currency networks and applications, as required by the financial institution.

CBDC and Stablecoin Deployment

Bitt provides the DCMS for financial institutions seeking to deploy their own stablecoin to market, or to integrate into an existing stablecoin or CBDC network. The DCMS can be configured to meet the specific requirements of a financial institution and clients, and can be integrated with core banking and other infrastructures to ensure maximum functionality and interoperability. All DCMS applications can be white-labelled per a financial institution’s requirements.

DCMS for Financial Institutions

The Digital Currency Management System (DCMS) is a production-ready digital currency software suite that enables financial institutions to pilot their own digital and integrate with existing digital currency systems, including CBDCs and stablecoins. The Bitt software suite can be tailored to the unique needs of a country’s economy, and to effectively integrate into the country’s existing financial system.

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Product hero Licensed Financial Institutions