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  • Digital Euro Project Timeline - en

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    Masta Palana
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    The document outlines a tentative timeline for selecting service providers and making decisions about a digital euro project from 2021 to 2023. Key milestones include: - In Q3-2022, making decisions on the distribution model, controls on take-up, and value added services for a digital euro. - In Q3-2023, the Governing Council will decide whether to launch the realisation phase for developing and implementing a digital euro. - Between 2021-2023, the project team will work on user requirements, governance, use cases, and prototypes while consulting citizens and merchants. A decision paper in 2023 will provide advice on a potential issuance.

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    Digital_euro_project_timeline.en

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    The document outlines a tentative timeline for selecting service providers and making decisions about a digital euro project from 2021 to 2023. Key milestones include: - In Q3-2022, making decisions on the distribution model, controls on take-up, and value added services for a digital euro. - In Q3-2023, the Governing Council will decide whether to launch the realisation phase for developing and implementing a digital euro. - Between 2021-2023, the project team will work on user requirements, governance, use cases, and prototypes while consulting citizens and merchants. A decision paper in 2023 will provide advice on a potential issuance.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    11 views1 page

    Digital Euro Project Timeline - en

    Uploaded by

    Masta Palana
    The document outlines a tentative timeline for selecting service providers and making decisions about a digital euro project from 2021 to 2023. Key milestones include: - In Q3-2022, making decisions on the distribution model, controls on take-up, and value added services for a digital euro. - In Q3-2023, the Governing Council will decide whether to launch the realisation phase for developing and implementing a digital euro. - Between 2021-2023, the project team will work on user requirements, governance, use cases, and prototypes while consulting citizens and merchants. A decision paper in 2023 will provide advice on a potential issuance.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Where do we stand?

    Tentative – timeline subject to change


    • Selection of service
    provider(s) for project
    • Compensation model realisation phase
    • Access to digital euro • Decision-making document
    • Prioritisation of use cases ecosystem including advice on the
    • Report on focus groups • Design options to control • Value added services potential issuance of the
    with citizens and take-up • Advanced functionalities digital euro, its design and
    merchants • Distribution model • Prototyping results implementation
    July 2021
    Governing Council
    decision to launch
    investigation phase

    Q4-2021 Q1-2022 Q2-2022 Q3-2022 Q4-2022 Q1-2023 Q2-2023 Q3-2023


    September 2023
    Governing Council
    decision to launch
    realisation phase
    • Settlement model
    • Project team onboarding • Online/offline availability • Amount in circulation • Finalise user requirements
    • Governance set-up • Data privacy level • Role of intermediaries • Prepare for project
    • Transfer mechanism • Integration and form factor realisation phase
    • Prototype development

    See progress report 1 www.ecb.europa.eu ©

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