Philipp on Nostr: Banks and other financial institutions have been all excited claiming that DLT allows ...
Banks and other financial institutions have been all excited claiming that DLT allows for instant settlement (DvP) without third party intermediaries.
In practice, they are using private chains to transact tokenized bonds with legacy cash for which they need the central bank as there is no cash on-chain yet.
How many third parties were involved? Three.
Published at
2025-04-03 08:14:48Event JSON
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"content": "Banks and other financial institutions have been all excited claiming that DLT allows for instant settlement (DvP) without third party intermediaries. \n\nIn practice, they are using private chains to transact tokenized bonds with legacy cash for which they need the central bank as there is no cash on-chain yet. \n\nHow many third parties were involved? Three.",
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