LuxCSD successfully conducts experiment with DLT security
LuxCSD, the European Investment Bank, NatWest and Spuerkeess have jointly issued and distributed a security using distributed-ledger technology (DLT). The transactions took place on a dedicated test environment in the context of the ECB trials and experiments aimed at exploring the potential of DLT for settling wholesale transactions in central bank money.
LuxCSD acted as Market DLT Operator, providing the technical infrastructure with the digital securities platform of Deutsche Börse Group, D7. The participants used the Trigger solution of the German central bank, Deutsche Bundesbank.
The processes entirely run on the D7 DLT platform. They include both the issuance of the security itself and the transfer of the assets from the issuer to the investors.