BoE and BIS test synchronised DLT settlement 

Bank of England night Getty 174788162

The Bank of England and Bank for International Settlements London Innovation Hub have created a synchronised settlement prototype using distributed ledger technology (DLT) to automate the exchange of funds and assets. 

Project Meridian concluded that synchronisation is a “relatively simple way to reduce the time, costs and risk of a transaction”, the BIS said.

A “new entity” called the “synchronisation operator” allows participants to connect to a payments ledger – including a real-time gross

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 or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

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