Mark Rakhmilevich is Vice President of Product Management and Development at Oracle, leading the Fintech, Blockchain, and Transaction Management portfolio within Oracle’s Mission-Critical Systems group. He drives technology and product strategy for key solutions including Oracle Blockchain Platform, Blockchain App Builder, Oracle Database Blockchain Tables, Tuxedo, Transaction Manager for Microservices, and the Fintech Data Platform initiative—delivering innovation both in the cloud and on-premises.

With a focus on the complex needs of financial institutions, central banks, and enterprise clients, Mark guides global organizations in leveraging blockchain, digital assets, and data platforms to drive measurable outcomes—accelerating growth and innovation, deepening customer engagement, streamlining operations, reducing fraud and risk, and bringing to market innovative solutions that solve real-world economic and societal challenges.

He plays a pivotal role in Oracle’s blockchain and digital assets strategy, working with customers and partners across sectors to move from experimentation to production—sharing industry use cases, advising on deployment architectures, and aligning technology with regulatory and business imperatives. Mark has been actively involved in CBDC and digital asset initiatives with central banks and financial services innovators worldwide.

A recognized thought leader, Mark is shaping Oracle’s innovation in Digital Assets, Decentralized Identity, and AI-powered compliance through the Fintech Data Platform initiative. He has spoken at global forums including the OMFIF Digital Money Summit and regularly contributes insights on Oracle Blockchain Blog and on Linked.in.

Oracle is a cloud technology company that provides organizations around the world with computing infrastructure and software to help them innovate, unlock efficiencies and become more effective. We also created the world’s first – and only – autonomous database to help organize and secure our customers’ data.

Oracle Cloud Infrastructure offers higher performance, security, and cost savings. It is designed so businesses can move workloads easily from on-premises systems to the cloud, and between cloud and on-premises and other clouds. Oracle Cloud applications provide business leaders with modern applications that help them innovate, attain sustainable growth, and become more resilient.

The work we do is not only transforming the world of business–it’s helping defend governments, and advance scientific and medical research. From nonprofits to companies of all sizes, millions of people use our tools to streamline supply chains, make HR more human, quickly pivot to a new financial plan, and connect data and people around the world.

At work, we embrace diversity, encourage personal and professional growth, and celebrate a global team of passionate people developing innovative technologies that help people and companies tackle real-world problems head-on.

After years of exploration and proof-of-concepts, we’re now entering the “money time” for digital currency initiatives, such as stablecoins and CBDCs to deliver tangible results. Amid growing competition for digital money many central banks face urgent need to move beyond the initial exploration into live, operational systems that can modernize payments and enhance financial inclusion.

Oracle is actively involved in global CBDC initiatives for both wholesale as well as retail digital currencies. The session will showcase a CBDC project implementation using Oracle Blockchain Platform and Oracle’s extended CBDC Sandbox providing a robust, scalable, interoperable, and secure infrastructure to meet central banks’ needs.  We’ll review architectures for advanced use cases ranging from cross-border wholesale payments to scalable domestic retail CBDC deployments. We will also explore best practices for designing, deploying and managing CBDC projects, based on Oracle’s engagement with CBDC pilots, long history in financial services and many large-scale payments projects.

This session is for decision-makers and technical leads in financial institutions and central banks who want to move beyond the experimental phase to build a sustainable future with digital assets and CBDCs.

Unifying CBDCs, Deposit Tokens, and Stablecoins into the Future of Money

The digital currency debate has often been framed as a zero-sum contest—CBDCs vs. Stablecoins vs. Deposit tokens. But in practice, the monetary future is shaping up to be “all of the above.” Each form of digital money is advancing rapidly, backed by distinct stakeholder groups, use cases, and regulatory frameworks. This presentation reframes the conversation: from competition to coexistence.

We’ll highlight the distinct benefits each form of money offers, and the unique strengths they bring to the broader financial ecosystem—sovereign trust and monetary authority in CBDCs; regulatory familiarity, fractional reserve backing, and credit creation in deposit tokens; cross-border utility, and portability in reserve-backed stablecoins, and with money market fund–backed stablecoins, the additional benefits of institutional-grade liquidity and capital efficiency.

We’ll also explore how to architect a unified, multi-layered digital money ecosystem, integrating these instruments through a shared settlement layer such as a unified ledger approach supporting independence through cross-ledger interoperability.  We’ll also show how Oracle digital assets solutions can augment Central Bank capabilities leveraging CBDCs programmability for targeted interventions, ensure universal access without dependency on specific financial institution, while aligning with regulators’ priorities: financial stability, monetary policy control, AML compliance, and system resilience. Ultimately, this is not a technology race—it’s a design challenge. One that demands realism and interoperability, while incorporating continuous compliance monitoring and embedded supervision across all layers of the digital currency stack.

Panel Discussion: The Impact of Digital Currencies on Payment Systems

This panel will discuss how digital currencies will influence the way payments will be made in the future. What are the pros & cons, the risks & opportunities?

This panel delves into how digital currencies are reshaping global payment systems, from reducing transaction costs to enabling real-time cross-border transfers. The panelists will discuss the opportunities and disruptions brought about by stablecoins, tokenization, CBDCs. The conversation will explore the integration of digital currencies into existing payment infrastructures and their potential to enhance financial inclusion. Attendees will gain a deeper understanding of the technological, economic, and policy implications of this transformation.