Distributed ledgers ‘too much of a moving target’ to write business standards, says Swift
Paper addresses questions on how DLT automation can run smoothly in multi-party network environment
Global financial messaging service Swift has said the "relative immaturity" of distributed ledgers means it is too early to write overarching regulatory business standards.
In an ‘informational paper' published on September 22, Swift noted business standards for distributed ledgers would be "important" in the future, but the current variety of philosophical and technical approaches to the technology make it "too much of a moving target".
"Attempting to impose standards too soon, before the
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