BIS creates DLT analytical framework for central banks
CPMI lays out important questions for central banks when implementing distributed ledger tech
The Bank for International Settlements (BIS) has published an analytical framework for distributed ledger technology (DLT) designed specifically for central banks and other authorities.
The report, published today (February 27) by the Committee on Payments and Market Infrastructures (CPMI), provides an in-depth analysis of the pros and cons of adopting the technology for purposes surrounding payments, clearing and settlement.
"The main aim of the framework is to help understand the uses of DLT
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