ProgressSoft Sparks the Interest of Central Banks at the Currency Conference in Dubai

Dubai - April 11, 2019

ProgressSoft Corporation concludes a loudly successful inaugurate participation at the Currency Conference, bringing its innovations to more than 70 central banks this past week in Dubai, UAE.

The premier conference gathered a circa of 400 participants including central banks and monetary authorities from across the globe to discuss currency policy and strategy, this year also addressing the future of money in a digitized world.

ProgressSoft’s advanced, secured and interoperable payment, clearing and settlement innovations managed to capture the concrete interest of numerous central banks in Africa, Latin America and the Asia Pacific, this is in addition to tens of interested delegates that participated with insightful questions to the ProgressSoft team on-hand throughout the conference.

In addition, ProgressSoft participated in a panel session to discuss the latest research and possibilities of central bank digital currency alongside Reserve Bank of Australia, Sveriges Riksbank (Central Bank of Sweden) and Payments Canada, where ProgressSoft’s CEO unveiled the core recommendations for central banks in their pursuit of the breakthrough technology including solution design considerations and implementation approaches.

ProgressSoft is thrilled to have been a sponsor of the Currency Conference 2019 and looks forward to its participation in the next Currency Research event, the Central Bank Payments Conference in Berlin, Germany.