The Eurosystem is exploring potential solutions for central bank money settlement of wholesale financial transactions recorded on distributed ledger technology (DLT) platforms. The work is part of the Eurosystem’s broader efforts to ensure that central banks keep pace with and contribute to digital innovation in wholesale and retail payments. Learn more about the background and intended purpose of the work.
In this focus session, demos from three European central banks: Deutsche Bundesbank, Banca d'Italia, and Banque de France are displayed in the video. Video link:
Technical documents about each solution provided by all three central banks, including the architecture, the process description, and the message formats can be found in this page, in the Annexes section:
> The report found a series of significant issues with the solution put forward, including around high latency, concurrency, batch processing and technical constraints
In this focus session, demos from three European central banks: Deutsche Bundesbank, Banca d'Italia, and Banque de France are displayed in the video. Video link:
https://www.youtube.com/watch?v=m5z3uoMH3Fw
Technical documents about each solution provided by all three central banks, including the architecture, the process description, and the message formats can be found in this page, in the Annexes section:
https://www.ecb.europa.eu/paym/intro/news/html/ecb.mipnews23...
What do you think about these three proposals?