Synchronisation can support tokenised securities settlement – BoE
But central bank says it is unclear whether it outperforms unified ledger
Synchronisation can support securities settlement by connecting conventional settlement systems with tokenised platforms, the Bank of England says.
The report on the BoE’s Project Meridian Securities trials – published on November 28 – says the experiment showed synchronisation can be an effective “bridge” between systems. It can “enable innovative use cases” in securities settlement and liquidity management, the BoE says, helping to ensure new tokenised platforms are underpinned by central bank
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