DLT not ‘mature enough’ for eurozone usage, ECB says

ECB: distributed ledger technology needs further development

Distributed ledger technology (DLT) is not yet ready to be deployed into Eurosystem financial market infrastructure, an annex to the European Central Bank’s annual report has said.

In the interactive article, published at the beginning of April, the ECB states that in its current stage of development, DLT is “not mature enough” to be used by the central bank.

At the moment, there are “a number of functional, operational, governance and legal aspects that need to be carefully weighed before con