In this Finextra TV interview from the Digital Assets Forum in London, Peter Left, Head of Digital and Market Innovation, Lloyds Banking Group. Left explores the Great British Tokenised Deposit (GBTD) initiative and how it positions the UK as a leader in tokenised money. Peter explains why tokenisation is gaining legitimacy and highlights a shift in mindset towards using blockchain technology to aide rather than replace traditional finance. Left also explores how tokenised deposits will meet existing compliance standards, and why national versions of tokenised money matter for preserving domestic financial systems. Left also covers the benefits of merging blockchain innovation with established banking infrastructure.
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