According to Bloomberg, European Central Bank (ECB) Executive Board member Isabel Schnabel stated that central banks should introduce central bank money onto blockchain, leveraging the programmability of distributed ledgers to modernize monetary policy implementation, collateral management, and liquidity provision. The ECB plans to launch the Pontes project next month, which will connect distributed ledger platforms to the existing TARGET services, with the long-term Appia project’s architectural blueprint set to be completed by 2028. Schnabel mentioned that the ECB is still evaluating options such as adopting a unified ledger or connecting multiple ledgers. https://(wublock123.com)/news/ecb-executive-schnabel-advocates-central-bank-money-on-chain-67431