DLT offers the possibility to share records of information across defined networks, which could potentially revolutionise the way asset ownership is recorded or how products are ordered and delivered. It is, however, still a very new technology requiring further testing, which prevents, for example, large-scale use within the Eurosystem’s market infrastructure.
However, the Eurosystem is currently assessing and reflecting what its potential impact on the financial market infrastructure could be and what possibilities it could present in terms of new services. The Eurosystem is also currently looking into ways in which the three cornerstones of the financial market infrastructure – money, collateral and securities – could be brought closer together to improve efficiency.