[ 背景图 ]
抽象区块链网络与金融数据流

Exploring the Future ofCommercial Bank MoneyOn the Ledger.

CBMT is a collaborative research initiative by the German Banking Industry Committee (GBIC). Unlike stablecoins or CBDCs, CBMT tokens are tokenized claims on regulated commercial banks — testing how they can move across blockchains, across institutions, and within existing regulatory frameworks.

Request Sandbox Access

This sandbox is for testing, learning, and exploring tokenized deposit use cases only. It is not a live financial service, does not involve real funds, and carries no regulatory or contractual obligation.

Sandbox Overview

Initiative Status
Sandbox / Exploratory Phase
Initiated by GBIC, 2021 — ongoing
Exploring Banks
Commerzbank · DZ Bank · Helaba · UniCredit · ABN AMRO
Participating Corporates
AirPlus · BASF · Bosch · Evonik · Infineon · Mercedes-Benz · Siemens
Industry Associations
Federation of German Industries · German Banking Industry Association
Test Currencies
EUR · USD · JPY
Testnet only — no real funds
Test Chains
Hyperledger Besu · Public Chain
Permissioned & public chain bridge
Technical Partners
UDPN · GFT
Official TSPs, Aug 2025
Sandbox Overview — swipe
Status
Sandbox / Exploratory Phase
Banks
Commerzbank
DZ Bank
Helaba
UniCredit
ABN AMRO
Test Chains
Hyperledger Besu
Public Chain
Tech Partners
UDPN · GFT
Currencies
EUR · USD · JPY
What We're Testing

Commercial Bank Money
as a Token

Commercial bank money — everyday deposits held at regulated banks — already accounts for roughly 85% of the money supply in Europe. CBMT asks a fundamental question: can it move on a distributed ledger, across banks, in real time?

Unlike stablecoins or CBDCs, CBMT tokens remain claims on a regulated bank, covered by existing deposit law and accounting standards. The goal is to bring programmability and DLT interoperability to money that already exists — not to create a new form of it.

Tokenized commercial bank deposit — regulated, familiar, fungible
Not a cryptocurrency Not a stablecoin Not a CBDC
Diagram showing distributed ledger
Why CBMT

Built on Trust, Designed for Tomorrow

Four principles that define tokenized commercial bank money.

Safety

Existing deposit regulation applies. No new risk framework required.

Efficiency

Atomic settlement, 24/7 transfers, no correspondent bank delays.

Programmability

Smart contracts enable conditional payments and DvP settlement.

Liquidity

Redeemable back to traditional deposits at any time — no lock-in.

Sandbox Participants

Who is Exploring CBMT

Banks, corporates, and technology partners currently participating in sandbox research.

Exploring Banks
Commerzbank
DZ Bank
Helaba
UniCredit
ABN AMRO
Participating Corporates
AirPlus
BASF
Bosch
Evonik
Infineon
Mercedes-Benz
Siemens
Technology Partners
UDPN
GFT
Watch

CBMT in Two Minutes

A short introduction to the Commercial Bank Money Token initiative — what it is, why it matters, and what the sandbox is exploring. Produced by the UDPN & CBMT teams.

This video is for informational and research purposes. It reflects the sandbox phase of the CBMT initiative and does not represent a live financial product or service.

Watch Video
What We're Testing

Sandbox Use Cases

Five scenarios being explored in the CBMT sandbox to generate evidence for regulatory and industry reference.

Watch Use Case Video
01

IoT Data Enterprise Payment

Testing pay-per-use IoT-triggered payments between enterprises — automated token flows from data capture to settlement, without manual invoicing.

02

Cross-Bank B2B Payments

Testing atomic peer-to-peer transfers between wallets at different banks — can tokenized deposits settle across institutions without a correspondent bank?

03

ERP Integration

Exploring how corporates embed tokenized deposit wallets into ERP systems via API, enabling programmable treasury management and automated reconciliation.

04

Cross-Chain DvP Settlement

Testing Delivery versus Payment between a tokenized asset on a public chain and CBMT tokens on a permissioned chain — atomic settlement, no intermediary.

05

Cross-border Agentic B2B Payments

Testing AI Agent-initiated cross-bank payments between enterprises on different blockchains — with certified agent identity and human-in-the-loop authorization.

Get Involved

Explore the Sandbox

Whether you're a bank or a corporate, we welcome institutions curious about the future of tokenized deposits.

For Banks

Explore as an Issuing Bank

Join the research network as a bank. Deploy test smart contracts, issue sandbox tokens, and explore cross-bank settlement mechanics in a safe, controlled environment.

  • Test token issuance in sandbox environment
  • Explore smart contract deployment on test chains
  • Simulate inter-bank net and gross settlement
  • Onboard enterprises and approve wallets and transactions
  • Act as an end user via web app and AI chat interface
Request Sandbox Access as a Bank
For Corporates

Explore as a Treasury Team

Test tokenized deposit workflows in your treasury or ERP context. No real funds. No commitment. Just learning what's possible before it becomes production.

  • Create test wallets in EUR, USD, and JPY
  • Try the Enterprise API in a safe environment
  • Simulate B2B payment and FX scenarios
  • Explore DvP settlement with tokenized assets
  • Inform your institution's DLT strategy
Request Sandbox Access as a Corporate
Contact

Request Sandbox Access

Tell us about your institution and your interest in the CBMT sandbox. We'll follow up with next steps — no obligation.

Important Disclaimer

The Commercial Bank Money Token (CBMT) initiative is a research and exploration project in sandbox phase. It is not a licensed financial service, investment product, or production payment system. All sandbox activities — including token issuance, transfers, and settlements — are conducted in test environments using test currencies and do not involve real funds or legally binding transactions.

Participation in the CBMT sandbox does not constitute regulatory approval, endorsement, or compliance certification of any technology or business model. Findings from the sandbox are intended to inform future policy discussions and technical standards for regulatory reference purposes only.

CBMT is an initiative of the German Banking Industry Committee (GBIC). Technical infrastructure is operated by UDPN and GFT as official technical service providers.

About Why CBMT Participants Use Cases Get Involved Contact Disclaimer Request Sandbox Access