Blockchain from a Central Bank Perspective
Symposium jointly organized by the University of Zurich and the University of Lucerne
Zurich, 3 November 2017, 8:30 – 17:00
One promising use case for the blockchain or distributed ledger technology (DLT) is the issuance of money and capital market instruments on the blockchain, potentially replacing today’s complex and expensive payment and securities clearing and settlement systems. One condition for this use case is the issuance of official central bank money in digital form on the blockchain, an option currently considered by a number of central banks. Both the issuance of securities and of central bank money on the distributed ledger – have the potential to fundamentally change the role of commercial banks as financial intermediaries.
This one-day symposium, jointly organized by the Universities of Zurich and Lucerne, brings together experts from central banks, the financial services industry and academia in order to discuss legal, economic and technical ramifications of central bank digital currencies and blockchain-based securities.