ECB names participants for new trials to explore settlement of wholesale transactions in central bank money
The testing will begin on 13 May this year, with the aim to explore several potential use cases.
The testing will begin on 13 May this year, with the aim to explore several potential use cases.
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The prototypes support the settlement of securities transactions and payments at the maturity of a bond.
Dr Andreas Dombret, member of the executive board of Deutsche Bundesbank, ponders why fintech innovation is such a hot topic now, of all times, what exactly innovation in banking means, and whether banks are even capable of being innovative.
Fintech zeitgeist! Welcome to the third in a new series of brief reports. Every Monday, we might look back at last week; look ahead to this week; share a few thoughts (our own or others); or discuss anything that catches our eye. This week we welcome the views of guest writer Soumik Roy. Last week, […]
Germany’s central bank Deutsche Bundesbank and Deutsche Börse have unveiled a functional prototype for the blockchain technology-based settlement of securities. It is, however, “purely a conceptual study” and “is far from being market-ready”.