Commercial Bank Money Token (CBMT)

The discussion around the Digital Euro has reignited interest in the Commercial Bank Money Token, drawing attention back to the potential and benefits of digital money.

Payments worldwide are increasingly shifting away from physical cash to cards and digital wallets. In this context, the Commercial Bank Money Token appears to be an ideal fit for the changing needs of the population.

What is Corporate Bank Money Token?

A Commercial Bank Money Token (CBMT) is a digital token that represents a bank deposit. It’s issued by a corporate bank and is linked to the customer's deposit. Is this type of digital money of relevance for AirPlus?

What it means for AirPlus

CBMTs can enable businesses to process payments faster and in a more cost-effective way. They’re stored on a blockchain and can therefore be transferred quickly and securely, protected from manipulation and fraud.

That´s why CBMTs can be important in the development of digital money in Europe and globally – and why AirPlus is investigating potential use cases for the token.