Under Indonesia’s G20 Presidency, Bank Indonesia (BI), together with the Bank for International Settlements Innovation Hub (BISIH), is launching a G20 TechSprint to solicit innovative global technological solutions to catalyse developments in wholesale and retail Central Bank Digital Currencies (CBDCs).

This is the third edition of the G20 TechSprint, an annual longform hackathon organised under the banner of the G20 to seek out best-in-class technological innovations aimed at addressing high priority areas of interest amongst the global community.

The G20 TechSprint 2022 challenges the international community of innovators, entrepreneurs, start-uppers, changemakers, creators, developers, data scientists, designers, digital marketing and communication experts who are passionate about creating extraordinary impact by solving one of three operational problems in the field of CBDCs

On 12 July 2022, as part of the Indonesia Digital Economy and Finance Festival (FEKDI) held in Bali ahead of the G20 meeting of finance ministers and central bank governors, shortlisted teams will demonstrate their in-development solutions to national authorities and invited experts at a specially convened Midpoint Event. Teams will also participate in a CBDC Masterclass to glean practical insights into some of the CBDC experiments underway at the BIS Innovation Hub.