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According to reports, the Bank of England has successfully tested the use of Distributed Ledger Technology (DLT) in running large and complex interbank transactions. The Bank of En
According to reports, the Bank of England has successfully tested the use of Distributed Ledger Technology (DLT) in running large and complex interbank transactions. The Bank of England operates Project Meridian through the Bank for International Settlements (BIS) London Innovation Center, which uses DLT to automatically coordinate the central bank’s RTGS system with other financial market infrastructure and ledgers, exchanging ownership of funds and assets in a flexible and secure manner.
The Bank of England Successfully Tested DLT Technology for Large Interbank Transactions
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