BIS report grades DLT above Blockchain

BIS report grades DLT above Blockchain

The Bank of International Settlements (BIS) published a document titled “Cryptocurrencies: looking beyond the hype.” The bank emphasized the use of blockchain to process the volume of retail payments on a daily basis could pause the internet. The bank seems to be harsh on cryptos and positive towards DLTs stating “the underlying technology may have promise in other fields.”

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