Odaily News Germany’s second-largest exchange, Boerse Stuttgart Group, has completed a test of secondary market transactions using blockchain technology in collaboration with the European Central Bank (ECB). According to a press release, the development marks the first time that the group has “settled exchange transactions with blockchain-based securities in central bank money” and that “the settlement scheme is linked to a trigger solution from the Deutsche Bundesbank and, therefore, to the traditional euro payment system.” The test is part of the ECB’s exploration of blockchain technology and involved six partner banks: Commerzbank, Deutsche Bank, DZ Bank, LBBW, Bankhaus Metzler and V-Bank. Using Boerse Stuttgart Group’s blockchain-based settlement solution, the institutions tested various transactions involving five tokenized securities, including bonds, funds and stocks. (Cointelegraph)