Deutsche Börse has developed a concept for riskless transfer of commercial bank money via an infrastructure based on blockchain technology.

Aside from achieving new efficiencies, the bank also wants to investigate possible new business opportunities enabled by blockchain.

Deutsche Börse will consult with clients, regulators and central banks to obtain feedback on its concept. A functional and technical prototype based on Hyperledger Fabric is currently being developed, with a patent application already filed.

All peer-to-peer payments based on tokenised commercial bank money are accompanied by movements of collateral between the respective Eurex Clearing members using the CCP's functionality and rules.

Carsten Kengeter, CEO of Deutsche Börse AG, said: “Developing and launching new cutting-edge offerings is core for Deutsche Börse. Distributed ledger technology has remarkable potential. With this pilot, we are adding another pioneering element in the area of payments and value transfer to the debate around blockchain. We look forward to further consulting with clients, regulators and central banks on our project.”

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