Saturday, 27 May 2017

Bank of Canada says won't use blockchain for interbank payment system By Reuters

Bank of Canada says won't use blockchain for interbank payment system By Reuters: ""The bottom line is that a stand-alone DLT wholesale system is unlikely to match the efficiency and net benefits of a centralized system," wrote Carolyn Wilkins, senior deputy governor of the Bank of Canada, and Gerry Gaetz, Payments Canada president.
"At its heart, there exists a fundamental inconsistency or tension between a centralized wholesale interbank payment system, as we have now, and the decentralization inherent in DLT."" 'via Blog this'

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