European Central Bank (ECB) board member Fabio Panetta said that they want to be ready for blockchain technology, so they are researching distributed ledger technology (DDT).
Fabio Panetta September 26 In its statement on the ECB, real economy actors to distributed ledger technology (DDT) In order not to lose control of the money in case of passing, the transactions between the banks and the on the blockchain He said he was looking for ways to continue.
Panette discusses the use of distributed ledger technology, whose transactions rely on third-party verification rather than trusted central banks, surrounding the potential of DDT. despite the uncertainties a scenario in which actors adopt DDT for their payments and securities settlements. they want to be ready expressed.
Allowing banks to use stablecoins among themselves that it can shatter trade and liquidity Panetta stated that as a possible solution, the ECB private sector blockchains with its own payment system TARGET2 He said that a bridge could be built between them.