It looks like a poorly thought-out marketing project. For example, how to deal with the Earth rotation irregularity and leap seconds? One beat is way too long to correct with, so the correction has to be in centibeats, fractions of beat, inconvenient. Why would this in CET and not in UTC? Aligning start of the day with the existing customs seems beneficial.
But the idea of the universal decimal time is a nice one. I wish we had something like that.