Bank of England launches CBDC and DLT payments experiment
The Bank of England explores wholesale CBDCs and DLT, aiming to understand their impact on the UK's financial landscape.
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The Bank of England explores wholesale CBDCs and DLT, aiming to understand their impact on the UK's financial landscape.
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The UK’s FMI Sandbox would initially focus on DLT-based securities settlement systems.
Many respondents from major banks said the technology would likely be unimportant for liquidity management practices until 2027.
Blockchain integration into any sector has proven to be a fitting move, and the diamond industry’s interest in this technology will without doubt be instrumental in its improvement.