Bundesbank DL project not yet viable – board member

Conceptual study “far from market-ready”, says Carl-Ludwig Thiele

bundesbank
The Deutsche Bundesbank

The Deutsche Bundesbank cannot yet say whether its distributed ledger (DL) technology prototype could be used on financial markets, one of the bank's executive board members said today (January 26).

The project, undertaken with Deutsche Börse, has a number of key learning points, Carl-Ludwig Thiele told an audience in Wiesbaden.

These points are: how the technology works; how secure it is; what factors affect its costs; how efficient it is; and how it could improve existing processes.

The

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