BIS & Bank of England have just announced the results of the Pyxtrial project tracking stablecoin reserves & tokenized assets. 🚀

- Pyxtrial is a proof-of-concept, an important first step but not yet ready for launch.

- The system includes a data model, database & API, providing information to management agencies through customized dashboards.

- Collect hourly data from blockchain & stablecoin platform, compare with data from issuer.

A related project, Atlas, can provide data to Pyxtrial. The big challenge is to educate users with blockchain & regulatory knowledge.

Pyxtrial can monitor other digital assets such as tokenized securities. Collaboration between management & technology has great potential!

What do you think about Pyxtrial's potential? Comment! 💬#Crypto#Blockchain #Stablecoin