BIS: Project Atlas explores economic significance of cryptoassets and DeFi

04 October 2023

BIS, De Nederlandsche Bank and the Deutsche Bundesbank are creating a data platform that has potential to shed light on the macroeconomic relevance of cryptoasset markets and decentralised finance (DeFi).

 

• Project Atlas combines on- and off-chain information, creating a layered approach to data vetting and tailored statistics for central banks.
• A first proof of concept was developed focusing on international flows of cryptoassets.

The Bank for International Settlements (BIS) and its partner central banks within the Eurosystem have developed a proof of concept to explore the macroeconomic relevance of cryptoasset markets and DeFi.

BIS

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