Project Promissa: blockchain for multilateral development
By Bank for International Settlements (BIS), Swiss National Bank, World Bank
The project developed a proof-of-concept (POC) platform using distributed ledger technology (DLT) to digitise these traditionally paper-based instruments, which track countries’ long-term financial commitments to MDBs. The system automates issuance, tracking, and payment processes, reducing reconciliation burdens and operational inefficiencies.
- Use cases, geography and tags
- Organizations that created, adopted or are mentioned
- Ecosystem position
- Link to the original asset
- Comments and reactions