Distributed Ledger Technology (DLT), Participant and Settlement

Cboe Clear Europe participates in Eurosystem CBDC trial

Finextra

JULY 19, 2024

Cboe Clear Europe, the largest pan-European clearing house, has successfully participated in the Eurosystem’s recent exploratory work testing the use of new technologies for the settlement of wholesale transactions in central bank money.

Distributed Ledger Technology (DLT)

Distributed Ledger Technology (DLT) Participant CBDC Central Bank

Project Meridian FX: Joint Project by the Eurosystem and London Centres, and the Bank of England, to Test Synchronised Settlement in FX

Fintech Finance

JUNE 17, 2024

It will also explore additional features that could form part of an SO’s offering, such as those that could help reduce the liquidity needs of participants. To achieve its objectives, Meridian FX will build on the technology behind the SO, allowing it to connect two RTGS systems based in different jurisdictions.

Real Time Gross Settlement (RTGS)

Real Time Gross Settlement (RTGS) Distributed Ledger Technology (DLT) Settlement Interoperability

Project mBridge Reaches MVP Stage, Expands International Participation

The Fintech Times

JUNE 6, 2024

Project mBridge , a collaborative initiative involving multiple central banks and the Bank for International Settlements’ (BIS), h as reached an important development milestone. The platform now invites further international participation and private sector proposals for value-added solutions.

Participant

Participant Distributed Ledger Technology (DLT) Cross-Border Payments Cross-Border

Webinars

7 Essential Criteria for Choosing the Right Payments Partner

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Eurosystem Completes First of Many Experiments To Test DLT Central Bank Money Settlements

The Fintech Times

MAY 18, 2024

Eurosystem , the monetary authority of the eurozone, has been exploring the possible use cases of distributed ledger technology (DLT) to conduct wholesale settlement in central bank money. Initially, 16 private companies will conduct trials involving actual settlement in central bank money.

Central Bank

Central Bank Settlement Distributed Ledger Technology (DLT) Interoperability

SC Ventures and G+D Complete Pilot on Different Types of CBDC Systems

Fintech News

DECEMBER 11, 2023

The project tested the feasibility of conducting multilateral cross-currency transfers through the UDPN, involving both Distributed Ledger Technology (DLT) and non-DLT-based CBDC technologies. The indirect model featured an on-chain DLT-based solution developed by UDPN engineers.

CBDC

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank

Is ‘Embedded Regulation’ The Key To Stablecoins’ Success?

PYMNTS

NOVEMBER 25, 2020

To that end, a Bank for International Settlements ( BIS ) study concludes that “embedded regulation” might offer a solution for stablecoins, defined as cryptocurrencies with values tied to fiat currencies or other assets. Embedded supervision can center on data collection and supervision.

Stablecoins

Stablecoins Regulations Distributed Ledger Technology (DLT) Digital Currency

Revamped UK Payment System Embraces Blockchain

PYMNTS

JULY 24, 2018

A revamped Bank of England (BoE) payments system is expected to connect with FinTech firms using distributed ledger technology (DLT). The BoE’s Real-Time Gross Settlement (RTGS) system handles transactions worth about 500 billion pounds — almost one-third of Britain’s annual economic output.

Real Time Gross Settlement (RTGS)

Real Time Gross Settlement (RTGS) Distributed Ledger Technology (DLT) Blockchain Cross-Border Payments

For Payments Infrastructure, Still Some Blockchain Buzz

PYMNTS

AUGUST 2, 2018

Reports came this week that the much-touted distributed ledger technology (DLT) may be less savior for all manner of problems across the business landscape than thought. Also with an eye on blockchain, and on FX and settlement, CLS has said it is in the end stages of testing blockchain payments for banks.

Blockchain

Blockchain Distributed Ledger Technology (DLT) Cross-Border Settlement

Hong Kong’s SFC Lays Out Regulatory Pathway for Tokenisation

Global Fintech & Digital Assets

NOVEMBER 7, 2023

The circulars indeed reflect this gradual, incremental approach rather than a big-bang moment of regulatory change, and we expect market participants to welcome the SFC’s new guidance as some of them consider exploring tokenised products and services.

Distributed Ledger Technology (DLT)

Distributed Ledger Technology (DLT) Security Settlement Risk

This Week in Fintech: TFT Bi-Weekly News Roundup 16/05

The Fintech Times

MAY 16, 2024

This round was led by BECO Capital and Middle East Venture Partners (MEVP), with participation also from existing investors Vivium Holding, Jabbar Group and Signature Developers. It will use the investment to bring leading industry experts to support international expansion and product development.

FinTech

FinTech Distributed Ledger Technology (DLT) Embedded Finance Cross-Border

Blockchain Slowdown Coming Down The Block?

PYMNTS

AUGUST 1, 2018

As the financial publication reported, “the expectation was we’d quickly find use cases,” explained Magnus Haglind, Nasdaq ’s senior vice president and head of Product Management for Market Technology. But introducing new technologies requires broad collaboration with industry participants, and it all takes time.”.

Blockchain

Blockchain Blocks Distributed Ledger Technology (DLT) Use Case

Gold: Sourced Digitally, Ethically And Via Blockchain

PYMNTS

OCTOBER 1, 2018

When it comes to supply chains, proponents say blockchain — specifically, distributed ledger technology (DLT) — holds promise. G-Coin, Davis said, can handle thousands of concurrent transactions with finality of settlement, and with trades done 24/7 and in real time. How It Works.

Blockchain

Blockchain Distributed Ledger Technology (DLT) Cross-Border Wire Transfer

Banks And The Blockchain Scramble

PYMNTS

AUGUST 29, 2018

PwC writes in its “Global Blockchain Survey 2018” that responses from 600 executives across 15 territories are embracing distributed ledger technology (DLT) with enthusiasm. Of those queried, as many as 84 percent of firms are involved with DLT. Companies have dabbled in the lab,” wrote PwC.

Blockchain

Blockchain Distributed Ledger Technology (DLT) Financial Inclusion Interoperability

B2B Cross-Border Payments Are Speeding Up

PYMNTS

OCTOBER 24, 2019

Fewer than one-quarter (22 percent) stated they will participate in real-time payments within the next year. Cross-border payments can be streamlined and sped up by leveraging modern tools like distributed ledger technology (DLT), which can complete transactions within minutes.

Cross-Border Payments

Cross-Border Payments Cross-Border B2B Real Time Payments

13 Orgs And Corporate Giants Testing Out Blockchains And Distributed Ledgers

CB Insights

FEBRUARY 22, 2018

Built on a private Ethereum blockchain, the participating banks will be able to anonymously cross-reference Legal Entity Identifier (LEI) data. Banks have also been experimenting with blockchain as a way to expedite back office functions and settlement, which some in the industry say could cut up to $20B in middleman costs.

Blockchain

Blockchain Distributed Ledger Technology (DLT) Cryptocurrency Legal

Tech Giants Make Their Blockchain Bets For 2018

PYMNTS

NOVEMBER 15, 2017

The product, dubbed Mission Critical Distributed Ledger Technology , will provide companies with hardware so they can operate their own blockchain platforms through their own corporate partners. HPE said its distributed ledger technology (DLT) solution is faster and more secure than bitcoin or Ethereum blockchains.

Blockchain

Blockchain Distributed Ledger Technology (DLT) Visa Real Time Payments

CLS, IBM Roll Out Proof Of Concept For LedgerConnect

PYMNTS

JULY 30, 2018

IBM and CLS, a market infrastructure group delivering settlement, processing and data solutions, announced on Monday (July 30) a collaboration on a proof of concept (PoC) for LedgerConnect, a distributed ledger technology (DLT) platform for the financial services industry.

Distributed Ledger Technology (DLT)

Distributed Ledger Technology (DLT) Blockchain Value Added Service Reconciliation

Blockchain Weaves Throughout The Private And Public Sectors

PYMNTS

DECEMBER 6, 2017

Nearly every day, it seems, another technology company announces its vision for blockchain. But highly specialized startups aren’t the only ones playing around with distributed ledger technology (DLT).

Blockchain

Blockchain Distributed Ledger Technology (DLT) Third-Party Service Provider Government

Payments Space

Cboe Clear Europe participates in Eurosystem CBDC trial

Project Meridian FX: Joint Project by the Eurosystem and London Centres, and the Bank of England, to Test Synchronised Settlement in FX

Project mBridge Reaches MVP Stage, Expands International Participation

Webinars

Eurosystem Completes First of Many Experiments To Test DLT Central Bank Money Settlements

SC Ventures and G+D Complete Pilot on Different Types of CBDC Systems

Is ‘Embedded Regulation’ The Key To Stablecoins’ Success?

Revamped UK Payment System Embraces Blockchain

For Payments Infrastructure, Still Some Blockchain Buzz

Hong Kong’s SFC Lays Out Regulatory Pathway for Tokenisation

This Week in Fintech: TFT Bi-Weekly News Roundup 16/05

Blockchain Slowdown Coming Down The Block?

Gold: Sourced Digitally, Ethically And Via Blockchain

Banks And The Blockchain Scramble

B2B Cross-Border Payments Are Speeding Up

13 Orgs And Corporate Giants Testing Out Blockchains And Distributed Ledgers

Tech Giants Make Their Blockchain Bets For 2018

CLS, IBM Roll Out Proof Of Concept For LedgerConnect

Blockchain Weaves Throughout The Private And Public Sectors

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