​Payment system has experienced significant change over the past decade with innovation, technological development and the emerging perspective of digital payments. These developments have raised demand for fast, efficient, secure, and transparency of cross-border payments. In term of responding this global issue, Central Bank is exploring and examines Central Bank Digital Currency (CBDC) which was expected to broaden the opportunities for efficient cross-border payment. On the other hand, the CBDC's design and infrastructure must be broadened by considering the CBDC's options for access and interlinking, including interoperability with non- CBDC payment infrastructure and arrangements.

​According to the issue, this flagship program which is collaboration between Bank Indonesia and De Nederlandsche Bank is aimed to give an understanding about the development and innovation of payment system in digital era including ASEAN and Europe area. This proceeding provide recent information about the development and implementation of Central Bank Digital Currency (CBDC) and its possibility on crossborder payment. It is expected to give valuable key takeaways  in contributing to the national and global economy.

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The book can be read in full at the Bank Indonesia Head Office Library.
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