FAQs

Q1. What is a Digital Regulatory Sandbox? A1.A software application that streamlines the application submission, review, decision and the data reporting processes between central banks, regulators and financial service providers. Q2. What is the purpose of the Digital Regulatory Sandbox Platform for a Financial Service Provider? A2.For faster go to market, financial service providers can use our platform to streamline regulatory engagement and compliance reporting. Our Digital Regulatory Sandbox (™) presents an opportunity to test new products and services with regulatory supervision while addressing issues before the product or service is offered on a wider scale. Q3. How does the Digital Regulatory Sandbox (™) work? A3.

Sign up for a free account on app.emtech.com

Test your product with test APIs 

Prepare for regulatory review

Submit sandbox application

Report your data to the regulator 

Q4. Why should central banks or innovators choose EMTECH? A4.Simplified regulatory reviews, accelerate time to market and enabled inclusive innovation. Q5. What solutions and services do EMTECH offer? A5.Digital Regulatory Sandbox, Central Bank Digital Cash, and Central Bank Digital Currency (CBDC) Integrator are EMTECH solutions while Frameworks, Integration, and Software Management are our services Q6. What is the Digital Regulatory Sandbox Solution? A6.A regulatory and innovation platform that enables central banks to collaborate with innovators, accelerate regulatory reviews and safely test emerging technologies to solve challenges faster Q7. Why is a Digital Regulatory Sandbox Solution important? A7.Inclusive innovation, simplified regulatory reviews and accelerated time to market Q8. What makes the Digital Regulatory Sandbox Solution different? A8.Enables accelerated regulatory reviews for central banks through collaboration with innovators and “safety test” of emerging technologies used in solving regulatory and innovation challenges Q9. Who will use the Digital Regulatory Sandbox Solution? A9.Central banks and innovators Q10. What is the Central Bank Digital Cash Solution? A10.Offers a suite of tools for central banks to manage digital cash lifecycle and provide access tools for individuals and institutions Q11. Why is a Central Bank Digital Cash Solution important? A11.Financial inclusion and resilience, currency securely tokenized and embedded transparent governance Q12. What makes the Central Bank Digital Cash Solution different? A12.It enables easier access to financial services for under banked individuals and facilitates an efficient infrastructure for financial settlement services offered by central banks. Q13. Who will use the Central Bank Digital Cash Solution? A13.Central banks and the unbanked/under banked individuals Q14. What is the Central Bank Digital Currency (CBDC) Integrator Solution? A14.Enables the integration of CBDC and other currencies for the purpose of executing cross border payments faster and cheaper Q15. Why is a Central Bank Digital Currency (CBDC) Integrator Solution important? A15CBDC integration, last mile distribution and CBDC interoperability Q16. What makes the Central Bank Digital Currency (CBDC) Integrator Solution different? A16.Enables cheap, fast and transparent cross-border payments and also eliminates the need for a chain of banks for a cross-border payment to happen. Q17. Who will use the Central Bank Digital Currency (CBDC) Integrator Solution? A17.Central banks Q18. What are EMTECH Frameworks services? A18.EMTECH’s team brings central bank governance, policy and emerging tech expertise. We deliver Design Thinking and Educational Workshops. Q19. What are EMTECH Integration services? A19.EMTECH is protocol agnostic (in the world of Blockchain) and work with various tech and services providers to build the best solutions for our clients. Q20. What are EMTECH Software Management services? A20.EMTECH implements a standardized regulatory review process that also accelerates how fast solutions get to market. Q21. Why was EMTECH created? A21.The financial market infrastructure in developing countries is cash heavy, inefficient and exclusive to many. EMTECH as a technology and services company is helping central banks in emerging markets build modern financial systems with Blockchain, Data Analytics and Artificial Intelligence. Technical Innovations by EMTECH offers a leapfrogging opportunity Q22. Who is behind EMTECH? A22.Please refer to our privacy policy page Q23. What is EMTECH policy regarding privacy? A23.EMTECH was founded by Carmelle Cadet, a thoughtful and passionate leader who advocates for the use of digital currency and distributed ledger technologies for payment modernization and financial inclusion initiatives around the world. Carmelle led the global business strategy and business development efforts for the Blockchain and Digital Asset segment of IBM Blockchain Financial Services. Carmelle is supported by EMTECH team and advisors who are experts in small, developing and emerging markets. Q24. What if I still have questions after reading the FAQs? A24.Please email info@emtech.com or visit our contact us page