RESEARCH
Our research connects monetary systems, financial ledgers, settlement and the relationships that make markets work.
How can different forms of money interact? What does it take to exchange two assets together, including when a participant or network fails?
We study how identities, assets, policies, counterparties and settlements can be represented as connected relationships, with appropriate visibility.
We explore FX, collateral, repo, derivatives and event-market infrastructure as research topics. Technology design is distinct from operating a licensed market or clearing organization.
BIS / MONETARY RESEARCH
28 AUG 2026 / JACKSON HOLE
Pablo Hernández de Cos, BIS General Manager, compares stablecoins and tokenized deposits through singleness, interoperability and integrity. He considers coexistence with distinct roles and safeguards.
Read the BIS speech ↗ANNUAL ECONOMIC REPORT 2026 / III
The report explores a unified ledger connecting central bank reserves, commercial bank money, other appropriately supervised private money and assets. Conditional execution, including DvP, is part of this research direction.
Read the report chapter ↗Our question is how money models, FX, asset lifecycles and settlement can work together on an independent financial blockchain. Central bank access and institutional integrations are not available OpenEntry services.
External research informs the questions; it does not establish affiliation, endorsement or an implemented OpenEntry protocol.RESEARCH / EXTERNAL PERSPECTIVES
Our research agendaMONEY
Stablecoins and tokenized deposits have different structures. Their interaction is a central question for programmable finance.
External reading · BISPRIVACY
What can a network verify without exposing the entire transaction to every participant?
External reading · Canton protocolASSET LIFECYCLE
Purpose-built ledgers bring identity, asset controls and settlement into the same conversation.
External reading · PolymeshIndependent reading that informs our questions. External references do not imply affiliation or endorsement.
ONE FINANCIAL NETWORK. A WORLD OF POSSIBILITY.
Money. Assets. Markets. Connected.