Börse Stuttgart, ECB cut settlement time in blockchain test
Börse Stuttgart Group’s blockchain test, in collaboration with the European Central Bank, aims to revolutionize securities transactions by reducing settlement times to minutes.
Boerse Stuttgart Group, the second-largest exchange in Germany, has completed testing of secondary market transactions using blockchain technology in cooperation with the European Central Bank (ECB).
Per a press release shared with Cointelegraph, this development marks the group’s first “settlement of exchange transactions with blockchain-based securities against central bank money.”
Related: Deutsche Börse-owned Crypto Finance gets German licenses, parent readies exchange launch
Börse Stuttgart Group’s blockchain test, in collaboration with the European Central Bank, aims to revolutionize securities transactions by reducing settlement times to minutes.
Boerse Stuttgart Group, the second-largest exchange in Germany, has completed testing of secondary market transactions using blockchain technology in cooperation with the European Central Bank (ECB).Per a press release shared with Cointelegraph, this development marks the group’s first “settlement of exchange transactions with blockchain-based securities against central bank money.” Related: Deutsche Börse-owned Crypto Finance gets German licenses, parent readies exchange launchRead more