Central Banking

Canada’s Project Jasper to explore clearing of securities in third phase

Bank of Canada facade

The Bank of Canada is launching the third phase of its distributed ledger project, looking to create a proof of concept for the clearing and settlement of securities using a central bank ‘cash-on-ledger’ model.

“This platform would seek to discover greater speed and efficiency by automating the securities settlement process,” Payments Canada, one of the project’s collaborators, says in a statement.

The cash-on-ledger approach, which was also employed in phases one and two, sees participants

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 copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: