The Cambridge Centre for Alternative Finance (CCAF) launched its new research initiative ‘Cambridge Digital Assets Programme’ (CDAP) in collaboration with as many as 16 leading banks, public sector agencies and private organisations.
Initially, the CDAP will be working towards providing empirical data, tools, and insights necessary to facilitate an evidence-based evaluation of opportunities and risks present in the growing digital asset ecosystem.
Bryan Zhang, Executive Director, CCAF, said that “The Cambridge Digital Assets Programme that we are launching today aims to meet the resulting need for greater clarity by providing data-driven insights through collaborative research involving public and private sector stakeholders.”
The research will be focusing on three different but emphatic areas, the first one is focused on the impact of Digital assets and its services on the environment in a wider sense, thereby taking into account the ESG (Environmental, Social and Governance) implications as well.
The second area focuses on process and configurations of Distributed Financial Market Infrastructure (dFMI) including the platforms and services involved. While the third area of focus is all about the emerging money systems in the digital world i.e. the asset side of the ecosystem compromising crypto-assets, stable-coins, Central Bank Digital Currencies (CBDCs), as well as enterprise and consumer tokens.
CDAP’s list of institutional research collaborators also includes some famous names like IMF, Visa, MasterCard, World Bank, Fidelity, Invesco to address the broader ecosystem trends and generate impactful research outputs.
Visa has struck many deals in the crypto/digital world, not to mention its latest collab with tribal to stretch its province across Latin America for small businesses.
