UK Finance - Regulated Liability Network
Industry Initiatives
Last updated
Industry Initiatives
Last updated
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