ECB eyes blockchain-based payment settlement layer

The European Central Bank (ECB) is working to establish a blockchain-based payment system that will allow financial institutions to settle transactions using central bank money, Bloomberg News repo...

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ECB eyes blockchain-based payment settlement layer

Source: CryptoSlate

The European Central Bank (ECB) is working to establish a blockchain-based payment system that will allow financial institutions to settle transactions using central bank money, Bloomberg News reported on Feb. 20. ECB executive board member Piero Cipollone said the project is a step toward improving financial market efficiency through innovation. Phased approach The project will […]