ECB launches Appia: the European path to tokenisation

Inhalt

The European Central Bank continues its path toward the digitalisation of financial markets with Appia, the European roadmap aimed at building an ecosystem based on distributed ledger technology (DLT).

The initiative seeks to make European markets more integrated, efficient and resilient, while keeping central bank money — and therefore the euro — at the core of the system.

As highlighted by Angelo Messore, interviewed by AziendaBanca, “this is a strategic European initiative aimed at developing a blockchain-based financial ecosystem, in which central bank money remains the anchor of the settlement and exchange system among market participants.”

According to Messore, the project will contribute to the creation of more integrated, competitive and resilient markets, reshaping the architecture of financial transaction settlement and fostering the adoption of DLT-based solutions.

Full interview on AziendaBanca >

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