When financial infrastructure moves on-chain

This is an outline for an investigation, not a completed research paper. Evidence, source review and a full argument will be developed before publication.

Research status

In development · source review and argument-building.

Relevant Signals and sources

• Stablecoins Move Toward Market Settlement Infrastructure
  https://www.bankofengland.co.uk/financial-stability/digital-securities-sandbox/digital-securities-sandbox-dashboard
• The UK Is Preparing a Digital Gilt Transaction
  https://www.gov.uk/government/publications/update-on-the-digital-gilt-instrument-digit-pilot-issuance/update-on-the-digital-gilt-instrument-digit-pilot-issuance
• UK Regulators Shift From Tokenisation Experiments Toward Adoption
  https://www.fca.org.uk/publications/feedback-statements/fs26-1-tokenisation-wholesale-markets

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