Andrei Pustelnikov leads the Bank of England’s work on wholesale payments experimentation, exploring how emerging technologies such as tokenisation and distributed ledger technology are reshaping financial markets and the role of central banks.
He has extensive experience working at the intersection of technology and policy at the Bank of England, leading collaborations to design products, policies and experiments in fintech and payments. Previously, Andrei was an Advisor at the BIS Innovation Hub, leading international projects on financial innovation.
Roundtable Room 3, Ground Floor
Open
Project Agorá tests the hypothesis that a multi-currency settlement mechanism that leverages tokenization and programmability could mitigate inefficiencies and frictions in cross-border payments, making them faster, more transparent and safer.
To examine this, the Bank for International Settlements (BIS) and the Institute of International Finance (IIF) combined forces to convene seven central banks and over 40 international financial institutions to test the tokenization of commercial bank deposits and central bank reserves on a unifying ledger. The roundtable will bring together Project Agorá public and private sector participants to reflect on the project and lessons learned.