Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS

Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS

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Source: Coindesk.com

Banks transacting on permissionless blockchains face multiple risks including settlement finality, the Bank for International Settlements said in a working paper. The paper also said technology to address some of the risks, particularly privacy, is being developed. naming zero-knowledge proofs as a potential solution.

Banks that transact on permissionless blockchains face

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The post "Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS" appeared first here Coindesk.com.

Source: Coindesk.com

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