CBWeb3 is a regional sandbox network designed to enable the settlement of tokenized security markets, facilitating interoperability between regions, central banks, financial institutions, and end-users.

This sandbox network will leverage the technological capabilities and infrastructure of LACNet within the LACChain ecosystem. By utilizing LACNet’s blockchain infrastructure, Latin America and the Caribbean can create a shared platform to explore innovative solutions and exchange knowledge.

As part of this initiative, an LF Decentralized Trust lab has been created to support the development of a Digital Public Good resulting from this collaboration. The expected outcome is an interoperable tokenization platform that transcends geographic boundaries, promoting trade, investment, and economic cooperation across the region.

Central banks, as key players in monetary policy, can benefit from this collective experience to enhance the security, efficiency, and adoption of tokenized securities, ultimately contributing to a more robust and interconnected global financial landscape.