UK Central Bank taps firms to test elements of distributed-ledger settlement infrastructure
The Bank of England has launched a new industry experimentation initiative to explore how tokenized assets could be settled using synchronized, atomic settlement in British pounds sterling as part of efforts to modernize the UK’s real-time gross settlement (RTGS) infrastructure.
Beyond tokenization pilots focused on settlement and market infrastructure, central banks have also been running experiments with central bank digital currencies (CBDCs).
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy
About Author
