🏦 European Central Bank (ECB) Initiates Testing of DLT Network Payments 🌐💱

The ECB is actively recruiting companies to participate in testing distributed ledger technology (DLT) network payments using central bank funds. Eligible participants include banks or institutions with access to the TARGET payment system, eligible central securities depositories, platform operators under the DLT pilot scheme, and licensed institutions operating DLT platforms. The first application period closes on January 31st, followed by the second application period closing on April 30th, 2024. 🇪🇺🔗 #ECB #DLT #Blockchain #centralbank