dirk bullmann adviser / innovation team lead directorate ... - european central bank · 2019. 5....
TRANSCRIPT
The ECB’s Approach to Innovation
Frankfurt am Main, 6 May 2019
Dirk Bullmann Adviser / Innovation Team Lead Directorate General Market Infrastructure and Payments
ECB-PUBLIC
I E A D
ECB-PUBLIC
ECB-PUBLIC
ECB-PUBLIC
Efficiency
Scalability
New Consensus Mechanisms
Off-Ledger Solutions
I INFRASTRUCTURE
ECB-PUBLIC
Analyse Experiment
Publish
EUROchain
World’s first DLT Central
Bank network
Joint DLT Project With Bank of
Japan
European/ Global DLT Work
Interoperability of payment systems
2017
Key Insights
Efficiency Safety
Experimental work on CBDC
Post-Trade 3 Hackathons
2018
Infrastructure
2019
Liquidity-saving mechanisms on DLT
Security Settlement on DLT
I INFRASTRUCTURE
ECB-PUBLIC
Stablecoins are classified by their primary mechanism to minimise the volatility of their exchange rate
A Asset
ECB-PUBLIC
Market Dynamics Crypto Assets
Defined as a new type of asset recorded in digital form and enabled by the use of cryptography that does not represent a financial claim on, or
a liability of, any identifiable entity.
Analyse Monitor
Publish
Asset
2019
ECB Crypto Asset Task Force Paper
In search of stability in Crypto Assets Are Stablecoins the Solution?
A Asset
2012
2015
Virtual Currency Schemes
Virtual Currencies – A Further Analysis
ECB-PUBLIC
E Ecosystem
ECB-PUBLIC
E Ecosystem