Federal Reserve conducts in-depth study into distributed ledger technology
Central bank publishes first paper discussing the benefits of distributed ledger technology in the realm of payments, and clearing and settlement
The Board of Governors of the Federal Reserve has published its first working paper examining the benefits and risks surrounding the use of distributed ledger technology (DLT), focusing on the area of payments, and clearing and settlement.
Published in December, the paper Distributed ledger technology in payments, clearing, and settlement combines research from teams from the Federal Reserve Board as well as the Fed branches in Chicago and New York. "DLT has the potential to drive change to the
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