https://wiki.treasurers.org/w/index.php?action=history&feed=atom&title=Digital_representation
Digital representation - Revision history
2026-08-10T01:35:55Z
Revision history for this page on the wiki
MediaWiki 1.40.0
https://wiki.treasurers.org/w/index.php?title=Digital_representation&diff=14961&oldid=prev
imported>Doug Williamson: Layout.
2022-09-27T15:34:28Z
<p>Layout.</p>
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<td colspan="2" style="background-color: #fff; color: #202122; text-align: center;">← Older revision</td>
<td colspan="2" style="background-color: #fff; color: #202122; text-align: center;">Revision as of 15:34, 27 September 2022</td>
</tr><tr><td colspan="2" class="diff-lineno" id="mw-diff-left-l4">Line 4:</td>
<td colspan="2" class="diff-lineno">Line 4:</td></tr>
<tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td></tr>
<tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>For example, a conventional bank deposit.</div></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>For example, a conventional bank deposit.</div></td></tr>
<tr><td colspan="2" class="diff-side-deleted"></td><td class="diff-marker" data-marker="+"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins style="font-weight: bold; text-decoration: none;"></ins></div></td></tr>
<tr><td colspan="2" class="diff-side-deleted"></td><td class="diff-marker" data-marker="+"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins style="font-weight: bold; text-decoration: none;"></ins></div></td></tr>
<tr><td colspan="2" class="diff-side-deleted"></td><td class="diff-marker" data-marker="+"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins style="font-weight: bold; text-decoration: none;">A tokenised bank deposit is a digital representation of value in a distributed ledger technology (DLT) system.</ins></div></td></tr>
<tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td></tr>
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<tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><br/></td></tr>
<tr><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>:''Bank for International Settlements (BIS) - Annual Economic Report 2022 - p91.'' </div></td><td class="diff-marker"></td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>:''Bank for International Settlements (BIS) - Annual Economic Report 2022 - p91.'' </div></td></tr>
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<tr><td class="diff-marker" data-marker="−"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div><del style="font-weight: bold; text-decoration: none;"></del></div></td><td colspan="2" class="diff-side-added"></td></tr>
<tr><td class="diff-marker" data-marker="−"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div><del style="font-weight: bold; text-decoration: none;"></del></div></td><td colspan="2" class="diff-side-added"></td></tr>
<tr><td class="diff-marker" data-marker="−"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div><del style="font-weight: bold; text-decoration: none;">A tokenised deposit is a digital representation of value in a distributed ledger technology (DLT) system.</del></div></td><td colspan="2" class="diff-side-added"></td></tr>
<tr><td class="diff-marker" data-marker="−"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div><del style="font-weight: bold; text-decoration: none;"></del></div></td><td colspan="2" class="diff-side-added"></td></tr>
<tr><td class="diff-marker" data-marker="−"></td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div><del style="font-weight: bold; text-decoration: none;">A tokenised deposit represents a claim on a commercial bank, just like a conventional deposit.</del></div></td><td colspan="2" class="diff-side-added"></td></tr>
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imported>Doug Williamson
https://wiki.treasurers.org/w/index.php?title=Digital_representation&diff=14960&oldid=prev
imported>Doug Williamson: Create page - source - Bank for International Settlements (BIS) - Annual Economic Report 2022 - https://www.bis.org/publ/arpdf/ar2022e.pdf
2022-09-27T13:50:20Z
<p>Create page - source - Bank for International Settlements (BIS) - Annual Economic Report 2022 - https://www.bis.org/publ/arpdf/ar2022e.pdf</p>
<p><b>New page</b></p><div>''Blockchain - distributed ledger - wholesale central bank digital currencies - tokens.''<br />
<br />
An entry in a distributed ledger technology (DLT) platform, relating to a conventional asset.<br />
<br />
For example, a conventional bank deposit.<br />
<br />
<br />
:<span style="color:#4B0082">'''''Innovative financial services - well beyond payments'''''</span><br />
<br />
:"Within the new functions unlocked by wholesale CBDCs, one set of applications deserves special mention – namely, those stemming from the tokenisation of deposits (M1), and other forms of money that are represented on permissioned DLT networks. <br />
<br />
:The role of intermediaries in settling transactions was one of the major advances in the history of money, tracing back to the role of public deposit banks in Europe in the early history of central banking.<br />
<br />
:Bank deposits serve as the payment medium, as the intermediary debits the account of the payer and credits the account of the receiver. <br />
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:The tokenisation of deposits takes this principle and translates the operation to DLT by creating a digital representation of deposits on the DLT platform, and settling them in a decentralised manner. <br />
<br />
:This could facilitate new forms of exchange, including fractional ownership of securities and real assets, allowing for innovative financial services that extend well beyond payments."<br />
<br />
:''Bank for International Settlements (BIS) - Annual Economic Report 2022 - p91.'' <br />
<br />
<br />
<br />
A tokenised deposit is a digital representation of value in a distributed ledger technology (DLT) system.<br />
<br />
A tokenised deposit represents a claim on a commercial bank, just like a conventional deposit.<br />
<br />
<br />
== See also ==<br />
* [[Account]]<br />
* [[Bank for International Settlements]] (BIS)<br />
* [[Blockchain]]<br />
* [[Central bank]]<br />
* [[Central bank digital currency]] (CBDC)<br />
* [[Commercial bank]]<br />
* [[Credit]]<br />
* [[Debit]]<br />
* [[Deposit]]<br />
* [[Digital asset]]<br />
* [[Digital currency]]<br />
* [[Distributed ledger]]<br />
* [[Intermediary]]<br />
* [[M1]]<br />
* [[Money]]<br />
* [[Payment]]<br />
* [[Permissioned DLT]]<br />
* [[Real asset]]<br />
* [[Security]]<br />
* [[Settlement]]<br />
* [[Token]]<br />
* [[Tokenise]]<br />
* [[Tokenised deposit]]<br />
* [[Transaction]]<br />
* [[Wholesale central bank digital currency]]<br />
<br />
<br />
==External link==<br />
*[https://www.bis.org/publ/arpdf/ar2022e.pdf Bank for International Settlements (BIS) - Annual Economic Report 2022]<br />
<br />
[[Category:Accounting,_tax_and_regulation]]<br />
[[Category:The_business_context]]<br />
[[Category:Identify_and_assess_risks]]<br />
[[Category:Manage_risks]]<br />
[[Category:Risk_frameworks]]<br />
[[Category:Risk_reporting]]<br />
[[Category:Cash_management]]<br />
[[Category:Financial_products_and_markets]]<br />
[[Category:Liquidity_management]]<br />
[[Category:Technology]]</div>
imported>Doug Williamson