Regulated Liability Network
Industry Initiatives
Initiative Name | Regulated Liability Network UK |
Organization | UK Finance |
Type | Lab |
Description | The Regulated Liability Network (RLN) concept is “a regulated Financial Market Infrastructure (FMI) that would operate a shared ledger that records, transfers, and settles regulated liabilities of central banks, commercial banks, and regulated non-banks.” RLN is a design for regulated digital sovereign currency that is not limited to central bank liabilities. The project covers three use cases 1) Consumer domestic payment (Delivery versus Payment with locking functionality) - 2) Wholesale B2B cross-border payment (multi-currency) - 3)Securities Settlement (repurchase agreement) |
Ecosystem | Agnostic |
Public Participants | UK Finance EY R3 Adhara Millicent Quant Polygon Canton (Digital Asset) Setl Knox |
Link |
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