ECB explores new means of wholesale central bank money settlement

Re:ECB explores new means of wholesale central bank money se... by pestatije on Sunday December 17, 2023 @06:48AM (#38672220)

i thought distributed ledger technology was dismissed as useless for anything but crypto a while ago

https://ia.acs.org.au/article/2022/asx-scraps-blockchain-pro...

> The report found a series of significant issues with the solution put forward, including around high latency, concurrency, batch processing and technical constraints

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Re:ECB explores new means of wholesale central bank money se... by akira_f on Sunday December 17, 2023 @07:07AM (#38672313)

ECB would like to enable interoperability between "market DLT platforms" and the existing settlement mechanisms. In Europe the latter part is the TARGET Services: https://www.ecb.europa.eu/paym/target/html/index.en.html

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Re:ECB explores new means of wholesale central bank money se... by akira_f on Sunday December 17, 2023 @07:10AM (#38672324)

This report from the Australian Stock Exchange is indeed interesting, thanks! :-)

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