Central Banking

DLT offers new possibilities for securities settlement, says ECB and BoJ team


The European Central Bank and the Bank of Japan published a joint report today (March 27) on how distributed ledger technology, or DLT, can be used in transactions such as securities settlements.

The report is the outcome of the second phase of their joint research undertaking, “Project Stella”. The joint team from the two central banks issued a report on the first phase of their work, looking at payment systems using DLT, in September 2017. Three experts from the Bank of Japan, led by Shuji

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