国际清算银行：政府债券代币化：评估和路线图（英文版）

Experiments with tokenisation are gaining momentum.1 By enabling the contingent execution of actions, tokenisation can help to enhance the efficiency of markets, reduce settlement risk, broaden investment access and spur the creation of new financial services. Similar to key monetary innovations of centuries past, the tokenisation of money and financial assets has the potential to expand the universe of possible contracting outcomes to support economic growth.2 However, significant challenges