ProgressSoft Brings Financial Expertise to Washington D.C.

Washington D.C. - February 26, 2022

ProgressSoft concludes sponsorship of the Banknote and Currency Conference and inaugural Digital Currency Conference in Washington D.C. from 21 to 25 February 2022.

Hundreds of central bankers convened at the Banknote and Currency Conferences which highlighted technological and policy developments for central banks, followed by the inaugural Digital Currency Conference which focused on technology and design aspects of digital currencies.

As sponsor of the events, ProgressSoft was there to present its expertise on the latest industry technologies and capabilities as well as national advisory on economy, regulation and finance. Given its over 32 years of expertise in the payments domain, ProgressSoft took part in an enticing panel discussion on The Roles of Cash and Central Bank Digital Currency (CBDC) alongside the Federal Reserve Bank of Philadelphia, CBDC Think Tank, Noll Historical Consulting and C Labs. The panel focused on how CBDCs revolutionize the way payments are made, especially across borders and the use of smart contracts.

This is in addition to a panel session on Interoperability in a Global Economy which focused on the developments of CBDC and its role in enhancing interoperability alongside the International Monetary Fund, Ripple, C Labs and Currency Research.

ProgressSoft is delighted to have met with hundreds of central bankers from over 40 countries and looks forward to a fruitful continuation of discussions.