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1/ The Bank of England are in the process of overhauling their current Real Time Gross Settlement (RTGS) system βœ…

They are preparing for the Best & Final Offer stage ahead of appointing a Technology Delivery Partner in Summer 2020..

Who could the "TDP" be? 🧐

#BOE #RTGS #DLT
2/ In 2017, the UK Central Banks External Advisory Board said they were exploring the lessons learned from a number of other real-time RTGS implementations..

A highlight was the Scandinavian model for instant payments πŸ‡ΈπŸ‡ͺπŸ‡³πŸ‡΄

Specifically, a third party approach..

#BOE #RTGS #DLT
3/ Many Central Banks are turning to 3rd-party providers for their solutions instead of building their own RTGS infrastructure..

βœ… Sweden
βœ… Denmark
βœ… Iceland
βœ… Norway
βœ… New Zealand

& more across Europe, Africa & ME..

Who provided the infrastructure?

Perago βœ…

#RTGS #DLT
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