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European Central Bank to Advance DLT Transaction Settlement, Plans Pilot Launch in 2026
Summary: According to CoinDesk, the European Central Bank's Governing Council has approved two research projects using Distributed Ledger Technology (DLT) for central bank money settlement transactions to enhance payment system efficiency. The short-term solution 'Pontes' will connect DLT platforms to TARGET services, with a pilot launch expected in the third quarter of 2026; while the long-term ...
According to CoinDesk, the European Central Bank's Governing Council has approved two research projects using Distributed Ledger Technology (DLT) for central bank money settlement transactions to enhance payment system efficiency. The short-term solution 'Pontes' will connect DLT platforms to TARGET services, with a pilot launch expected in the third quarter of 2026; while the long-term solution 'Appia' will focus on global operations and DLT solution analysis. The central bank stated that this move demonstrates its commitment to supporting innovation while ensuring the safety and efficiency of financial infrastructure.
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Link: European Central Bank to Advance DLT Transaction Settlement, Plans Pilot Launch in 2026 [Copy]
