Distributed ledger technology ‘could be a game changer,’ states European Central Bank Board Member
The European Central Bank (ECB) considers Distributed Ledger Technology (DLT) as “one of several possibilities” when it comes to assessing possible technical solutions, according to Yves Mersch, ECB Executive Board Member. At the Deutsche Bank Transaction Bankers' Forum 2016 on Monday, Mersch stated that not only is there “big demand for research into the DLT related questions and their policy implications,” the ECB is “certainly open to new technologies and, like many market players, have launched some experimental work.”
Distributed ledger technologies in securities post-trading
This paper analyses the main features of DLTs that could influence their adoption by financial institutions and discusses how use of these technologies could affect the European post-trade market for securities.
A brave new world? What impact will distributed ledger technology have on the financial industry?
One of the more recent technological developments that holds potential for the financial industry is distributed ledger technology, or DLT. This article looks briefly at what exactly this new technology is and what the potential implications are for Europeâs financial market infrastructure.
SWIFT and Accenture outline path to Distributed Ledger Technology adoption within financial services
This paper investigates how Distributed Ledger Technologies (DLTs) could be used in financial services. Published in collaboration with Accenture, the paper is based on an in-depth technology assessment by SWIFT of DLT usage across financial institutions, highlighting the opportunities as well as the challenges for industry wide adoption. The paper also highlights SWIFTâs research and development plans to build technical, operational and business capabilities with a view to evolve its platform such that DLT-based services could be offered, when the technology matures and business use cases emerge across multiple verticals.
Proposal for a new field of technical activity
Standardisation of blockchains and distributed ledger technologies to support interoperability and data interchange among users, applications and systems.
Bitcoin,Blockchain & distributed ledgers: Caught between promise and reality
Bitcoin, Blockchain & distributed ledgers: Caught between promise and reality builds on the foundations laid down in the last report, The Future of Exchanging Value: Cryptocurrencies and the trust economy (FoEV) published in January. Where FoEV focused on the emergence of cryptocurrencies, this report takes as deeper look at the business, regulatory and practical implications of the technologies that underpin them.
Draft Report on Virtual Currencies – Committee on Economic and Monetary Affairs
This report, authored by European Parliament member (MEP) Jakob von Weizsäcker of the Committee on Economic and , calls for the creation of a horizontal Task Force DLT to be set up under the leadership of the Commission.
Distributed Ledger : The technology behind the virtual currency on the example of the blockchain
In April 2015, the European Securities and Markets Authority ESMA began a consultation that looks inter alia at the perception among market participants of how DLT works and how it can be deployed both within and outside of virtual currencies. The consultation served as a basis for a further analysis of this technology and examined the question of whether regulatory action may be required. This article explains how DLT works, how it can be applied and what effect it may have on the financial market.
Status and Implications of the Distributed Ledger Technology and Digital Currency
Understanding distributed ledger technology and digital currency current status and it's implications.
