Blockchain Daily News - ICO, STO, TAO, Blockchain
Blockchain Dail Blockchain Dail

Blockchain: A new RTGS service for the United Kingdom: safeguarding stability, enabling innovation

A Consultation Paper.

This consultation document seeks respondents’ views on the Bank of England’s vision for the next generation of its Real-Time Gross Settlement (RTGS) service.

RTGS is not a household name. But as the platform for providing sterling central bank reserves — the electronic counterpart to banknotes, and the ultimate risk-free means of final payment — RTGS lies at the very heart of delivering the Bank’s mission for monetary and financial stability. The stock of reserves in the system is currently more than £300 billion — five times that of banknotes. Those reserves are used to provide safe final settlement in central bank money for over half a trillion pounds of transactions a day between banks participating in the seven most systemically important sterling payment systems — equivalent to almost a third of the United Kingdom’s annual GDP. Those transactions span, or back, almost every payment in the UK economy — from salaries to company invoices, from car purchases to coffee sales, from pensions to investment flows.

Read more, download the paper below (PDF 58 pages)

Les médias du groupe Finyear

Lisez gratuitement :


Le quotidien Blockchain Daily News :
- Blockchain Daily News

Sa newsletter quotidienne :
- Blockchain Daily News Newsletter
Recevez chaque matin par mail la newsletter Blockchain daily News, une sélection quotidienne des meilleures infos et expertises en Blockchain révolution.

Sa lettre mensuelle digitale :
- The Chief Blockchain Officer


Le quotidien Finyear :
- Finyear Quotidien

Sa newsletter quotidienne :
- Finyear Newsletter
Recevez chaque matin par mail la newsletter Finyear, une sélection quotidienne des meilleures infos et expertises en Finance innovation & Digital transformation.

Ses 5 lettres mensuelles digitales :
- Le Directeur Financier
- Le Trésorier
- Le Credit Manager
- The Chief FinTech Officer
- The Chief Digital Officer

Finyear magazine trimestriel digital :
- Finyear Magazine

Un seul formulaire d'abonnement pour choisir de recevoir un ou plusieurs médias Finyear

Mercredi 28 Septembre 2016