DELPHI
ResearchEuro Area
Central Bank(s)
European Central Bank
Announcement Year
2021
Status
Research
Retail/Wholesale
Wholesale
DLT / non-DLT
DLT
The project explores digital bond issuance and related processes. DELPHI is also going to address the legal requirements for such a solution – with a view to assessing compatibility with applicable EU and national law. As part of this project milestone, DELPHI will highlight where the current legal framework may need to be changed to facilitate the implementation of a blockchain-based solution.
OeNB will provide a wholesale central bank digital currency (CBDC), which will be pegged directly to the euro, to ensure that the title to the securities and the corresponding payments are exchanged simultaneously.
Link to announcement
Last update: June 2021
June 2021
None → Research
Announcement Year: 2021
Retail/Wholesale: Wholesale
Description: OeNB will provide a wholesale central bank digital currency (CBDC), which will be pegged directly to the euro, to ensure that the title to the securities and the corresponding payments are exchanged simultaneously.
DLT / non-DLT: DLT
Main motivation/goals of the CBDC: The project explores digital bond issuance and related processes. DELPHI is also going to address the legal requirements for such a solution – with a view to assessing compatibility with applicable EU and national law. As part of this project milestone, DELPHI will highlight where the current legal framework may need to be changed to facilitate the implementation of a blockchain-based solution.
Link to announcement: www.oenb.at
Country / Region: Euro Area
Central Bank(s): Oesterreichische Nationalbank
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