Standard Chartered explores whether blockchain technology could have a material role or impact on the European Central Bank’s (ECB) Target2Securities (T2S) project.
The paper looks at the practical implications blockchain could have on T2S and whether T2S could be a test case for the technology’s usage. It asks whether T2S could be upgraded and amended to incorporate blockchain and the associated benefits this may bring.
Much depends on the willingness of the European Central Bank to consider such a disruptive change in a system that is still in the process of launch.
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