Methods and systems for providing a central bank digital currency cross border payment service

Abstract

A method for the modification of a balance associated with a blockchain account on a plurality of cross-border digital currency (CBDC) systems includes establishing, by a CBDC system, via an integrated, Application Programming Interfaced-based, digital currency integrator mechanism, a peer-to-peer bi-lateral payment agreement with a fiat-based account. The method includes assigning, by the CBDC system, to a user application, a token in a blockchain. The method includes receiving, by a messaging layer integrated into the CBDC system, from the user application, an identification of a request for a banking transaction and an identification of the token. The method includes executing, by the CBDC system, in the blockchain, a smart contract transaction associated with the banking transaction. The method includes directing, by the CBDC system, via the integrator mechanism, the fiat-based account to modify an account identified in the request for the banking transaction in accordance with the smart contract transaction.

Dependencies are inferred from the claim text.