 Welcome to the ITU studio in Geneva, where I'm very pleased to be joined in the studio today by Mr. Bilal Jamoussi who is the chief of the study groups department for ITUT. Bilal, welcome to the studio. Thank you for having me. Now we're meeting today because this is actually the final meeting of the Digital Fiat Currency Focus Group. I wanted to ask you what have your impressions been, have the objectives of the focus group been met? Absolutely. The focus group has been very active. This is the third meeting after meeting in Beijing to start the conversation, followed by a meeting in New York and this third meeting in Geneva. So we've been to three continents and attracted experts from central banks and technologists from around the world. And the objective from the beginning was to really look at the architecture, regulatory guidelines and the security for Digital Fiat Currency. And the focus group has developed documents to provide guidance on all those three. But more importantly, throughout the process of developing those documents, it brought the communities together. The communities of central bankers who are thinking and studying the question of Digital Fiat Currency and the community of technologists building new solutions and new digital technology frameworks and security frameworks. Many of them rely on ITU standards to inform that decision on how to provide Digital Fiat Currency. So the process and the outcome of the focus group are really not only achieved but exceeded their target. How can ITU drive the standards required for central bank digital currency? Some of the fundamental standards when we talk about Digital Fiat Currency is their identity management. And today, arguably, one of the most international identity systems are the phone numbers. And the telephone number is one of the ITU standards called E164. And that's an underpinning technology that can be used not only in telephone numbers and mobile communication, but as we move forward in mobile money. As you move around the world, you can use your identity to tap into that digital currency. And when we talk about eWallet, your wallet is on your mobile phone and your identity is based on an ITU standard. That's one example of how this digital transformation in the financial sector is enabled by standards from the ITU when it comes to identity, security, and also the overall architecture of the system behind it to provide for that digital currency. Coming back to the focus group, what will happen next following the conclusion of the focus group's work? So the traditional process is that the output of the focus group goes to the existing study groups of the ITU. But now, because we are bringing two communities together, the central banks and the technology community, some of the output could be very much used by other banking organizations to inform the study and the discussion around digital fiat currency. And next year, we have the World Telecom Standards Assembly in India. So we look forward to membership contributions on how the standards from ITU and the structure of ITU could evolve to provide for this digital transformation in the financial sector. Great. Well, is there anything else that I haven't covered that you think might be good to mention? Well, I think this is a digital revolution. All the young kids and today, my sons, for example, they don't use cash anymore. And this de-caching exercise around the world, especially with the young folks, is driving the central banks to find solutions for digital fiat currency, central bank issued or central bank digital currency. So we're embarking on a really new era and we hope to be able to keep up with the young generation their needs and develop the standards that would meet those requirements. Thank you very much indeed.