TechFlow news, July 2 — According to CoinDesk, the European Central Bank (ECB) Governing Council has approved two work programs for settling transactions using distributed ledger technology (DLT) with central bank money.
The short-term solution, named "Pontes," will connect DLT platforms with the Eurosystem's TARGET services to ensure the circulation of cash and securities across Europe. The pilot is scheduled to launch in the third quarter of 2026. The long-term solution, "Appia," will support global operations and analyze DLT-based solutions.
The ECB stated that this decision aligns with the Eurosystem’s commitment to supporting innovation while preserving the safety and efficiency of financial market infrastructures.
Add to Favorites
Share to Social Media
