While the IMF is currently gearing up to introduce its new global CBDC system called the UMU (also known as the Unicoin), The Bank for International Settlements has been busy with multiple projects designed to centralize all international banks and central banks into a single umbrella network that allows for quick cross-border transactions using digital currencies. In other words, a cashless society.
https://www.activistpost.com/2023/06/bis-to-use-ai-to-monitor-global-bank-transactions-for-money-laundering.html
While the IMF is currently gearing up to introduce its new global CBDC system called the UMU (also known as the Unicoin), The Bank for International Settlements has been busy with multiple projects designed to centralize all international banks and central banks into a single umbrella network that allows for quick cross-border transactions using digital currencies. In other words, a cashless society. https://www.activistpost.com/2023/06/bis-to-use-ai-to-monitor-global-bank-transactions-for-money-laundering.html
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BIS To Use AI To Monitor Global Bank Transactions For "Money Laundering" - Activist Post
Corporate banks and governments would have to create extensive streamlined access to accounts then open the doors wide for AI.
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