ECB is already considering a central bank digital currency known as the digital Euro.Blockchain technology could feature heavily.

The ECB is developing a blockchain-based payment system for financial institutions to settle transactions in central bank money.

The ECB’s plans to build a payments system on distributed-ledger technology could lead to the issuance of a digital euro.

The European Central Bank wants to establish a blockchain-based payment system that allows financial institutions to settle transactions in central-bank money, a potential step toward introducing a wholesale central bank digital currency,