Project Meridian (BIS + BoE)
programMoney & Finance
Instead of being disrupted by blockchain, central banks are building the bridge that plugs their old systems into it.
Who they are
Project Meridian, a joint program of the BIS Innovation Hub and the Bank of England.
What they do
The engine treats it as more evidence that top financial institutions are absorbing blockchain rather than being bypassed.
How it works
It developed the 'Synchronisation Operator' concept — a technology-neutral coordination layer that links central banks' core RTGS payment systems with outside blockchain ledgers using ISO 20022 API messages.
Why it matters
It demonstrates that the established financial powers are integrating new ledger technology into their existing infrastructure.
The engine's record — word for word
BIS Innovation Hub + Bank of England joint program. Developed the Synchronisation Operator (SO) concept — a technology-neutral orchestration layer linking centralized RTGS systems with external DLT ledgers via ISO 20022 API messages. Demonstrates apex entities are absorbing DLT, not being bypassed.
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