In January 2025, the Swiss Financial Innovation Desk (Find) announced the release. Pathway 2035 for financial innovation -NavigatorA guide designed to guide financial and FinTech leaders for a resilient future.
Inspired by the “Finternet” concept introduced by the International Convention Bank (BIS) in April 2024. Trail 2035 The guide explores four transformation themes that form a financial environment. Artificial intelligence (AI), digital assets, digital trasts, quantum safe technology.
By dealing with the opportunities and issues brought by these innovations Trail 2035 It causes a dialogue of progress without impairing security and trust.
Origin and joint development
Pathway 2035 is based on BIS working paper Finternet: Future financial systemA. CARSTENS and N. Nilekani co -authored.
Through collaboration with global experts, these ideas are expanded, and feedback reflects Switzerland’s thinking leadership when fusing conventional finance and state -of -the -art technology, and in the future of the future, a discussion state and discussion guide Integrate.
For Redigent of financial innovation Events hosted by the Swiss Embassy in Singapore 5thh In November 2024, he announced and discussed a draft version of the pier and industry experts and guides. The insight from these discussions was reviewed and integrated into the final publication.
Let’s delve into the four transformed pillars that form the future of finance.
1) Artificial intelligence: The brain of tomorrow’s financial system
AI is transforming financial services through efficiency, personalization and resilience. Adoptions are different around the world. The United States prioritizes quick innovation, EU emphasizes ethics and accountability, and China guarantees severe national management.
Like Swiss -led initiative ICAIN (international calculation and AI network) Democratize resources, UN Sustainable Development Goals。 AI can unlock unprecedented opportunities for financial institutions and consumers through global collaboration.
2) Digital assets: borderless economy
Digital assets revolutionize the value storage method and transfer method, and provide continuous access to capital while bypassing conventional barriers. The blockchain and other distributed ledgers (DLTs), from cryptocurrency to tokens, digital currency (CBDC) of central banks, are at the core of these innovation.
However, fragmentation of the ecosystem is still an issue. The unified ledger system that fills public and private networks provides scalable and transparent solutions. A robust regulatory framework is indispensable to promote trust and innovation as the amount of diversified financials (Defi) expands.
3) Digital Trust: Basics of financial interaction
Trust is always the center of the financial system, but in the digital world requires a new framework. With the SelfSvereign ID (SSIS) and independent solution, users can safely control data and assets.
nevertheless, Cyber crime expenses expected to rise significantly by 2028Holistic Digital Trust framework is urgently needed. Financial institutions can reduce vulnerabilities, improve customer engagement, and build trust through global standards and secure users -centered approaches.
4) Quantum Safe Technology: Secure the future
Quantum computing brings both opportunities and risks to financial sector. We promise a break -through of calculation, but also suggests threats to the current encryption method, and quantum safe encryption is indispensable.
Projects such as post -quartum standards introduced by the National Institute of Standard Technology (NIST) in 2024 HSBC quantum safe tokenization pilot Indicates how institutions can adapt to quantum issues without overhaul infrastructure. Collaboration and aggressive investments are required to prepare for the future of quantum driving.
Pathway 2035 for financial innovation -Navigator It functions as both the guide and the catalyst, and supports the evolution of finance for all benefits. By linking academic world, industries, and governments, we emphasize the cooperation and co -creation power of forming sustainable and comprehensive financial future.
The collaborative work behind this paper emphasizes important truth. Traveling is as important as your destination. Trail 2035 It is an advanced work, and is formed by issues and opportunities that require resilience and adaptability. It functions as a flexible compass, leads to stakeholders when new tasks and opportunities navigate, and continuously improve the path to the future of funds through innovation.
Read a complete publication here: https://find.swiss/announcements/pathway-2035-FINANCIAL-Innovation
