Bank of England uncovers significant trade‑offs in use of DLT for wholesale settlement. „The ‘blockchain trilemma’ posits that it is difficult to optimise scalability, security, and decentralisation simultaneously.”
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After months of trials the Bank of England remains no clearer about the applicability of distributed ledger technology in wholesale payments and settlement, uncovering critical trade-offs in governance, resilience and scalability, according to Finextra. The DLT Innovation Challenge was a joint initiative between the Bank of England (the Bank) and the BIS Innovation Hub London […]
The post Bank of England uncovers significant trade‑offs in use of DLT for wholesale settlement. „The ‘blockchain trilemma’ posits that it is difficult to optimise scalability, security, and decentralisation simultaneously.” appeared first on NOCASH ® de 25 ani.
