The Bank for International Settlements (BIS) previously mentioned plans to track crypto-asset and DeFi data but has now unveiled more details about Project Atlas. The BIS Innovation Hub Eurosystem Centre is collaborating with the Deutsche Bundesbank and De Nederlandsche Bank to create an open source data platform that will initially explore geographic crypto flows.
The main output will be dashboards of data that other central bankers can use for economic analysis, but it plans to provide insights on market capitalization and economic activity as well.
While the work might highlight where the fund flows are largest or most concentrated, it additionally will provide a starting point for potential further work.
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