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Bank of England Deputy Governor Cunliffe on DLT securities settlement: Not so fast!

Coin Telegraph LogoCoin Telegraph1 mo ago

Bank of England Deputy Governor Cunliffe on DLT securities settlement: Not so fast! - Coin Telegraph

Quick Summary:

In a lengthy appraisal of distributed ledger technology, Cunliffe weighed its technical implications, which will be examined in greater detail when the FMI Sandbox premiers in 2023.

They could increase resilience in the system for the same reason and incorporate related services like the payment of coupons on bonds or “management of more sophisticated securities trades.

Smart contracts combine activities and thus reduce the number of intermediaries and the fees associated with them, Cunliffe said.


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Article Details

Author / Journalist: Cointelegraph By Derek Andersen

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-28 @ 19:30:00 (1 months ago)

News Timezone: GMT -5:00

Ranking: #824 (out of 3499 stories this day)

News Source URL: cointelegraph.com

Language: English

Article Length: 408 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 605393

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About Coin Telegraph

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Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 26 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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