Project Guardian is an initiative spearheaded by the Monetary Authority of Singapore (MAS), aimed at enhancing the efficiency and liquidity of financial markets through asset tokenization. The project seeks to unite policymakers and financial institutions to explore the economic potential and governance structures surrounding digital assets.

A significant aspect of Project Guardian is its focus on the Fixed Income workstream, where various stakeholders, including S&P Global Ratings and Moody's, DBS Bank, Standard Chartered are collaborating to develop frameworks and assessments for tokenized fixed-income products.

Key discussion points:
1. Latest developments in the asset tokenization for the Fixed Income asset class
2. Industry standards for various tokenized debt securities and the application of these standards to commercial use cases.
3. As increasing banks participate in the project, what roles do various stakeholders, including regulators, credit rating agencies like Moody's and S&P Global Ratings, and financial institutions, play in the success of Project Guardian?
4. How can these collaborations be structured to ensure effective governance and risk management?

This panel will present a technical showcase of a smart contract implementation that incorporates programmable compliance into cross-border payments. The implementation explores the use of zero-knowledge proofs and multi-party computation to ensure compliance requirements while preserving data privacy. Attendees will see how these cryptographic techniques can facilitate automated policy checks across different jurisdictions without compromising transaction speed or confidentiality. The discussion will focus on the practical aspects and implications of these technologies in enhancing compliance within the existing cross-border payment infrastructure.