Canada’s Project Jasper finds DLT is viable for securities settlement
Distributed ledger technology could soon be used for the settlement of securities, following a breakthrough in the use of the technology by the Bank of Canada.
In the third stage of the central bank’s DLT initiative, Project Jasper, the Bank of Canada demonstrated that the instantaneous clearing and settlement of securities on-ledger “is feasible”.
For the first time, “both central bank cash and assets can be tokenised to complete an instant, end-to-end equity settlement on distributed ledger
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on FMI
