Blockchain Pilot For Euro Commercial Paper Planned By Euroclear, EIB, Santander and EY

Blockchain, Innovation, News | June 20, 2019 By:

Belgium-based settlement provider Euroclear is developing an end-to-end blockchain solution for the issuance and settlement of European Commercial Paper (ECP).

The blockchain solution will reportedly reduce time-consuming bilateral processing between multiple market participants, and will provide one efficient consolidated hub for the issuing of ECP with DVP settlement by Euroclear.