Express

DLT Can Improve The Existing Global Monetary System, According To Central Bank Officials

Ramsey Baker

Summary: On Saturday, three monetary and cryptocurrency experts talked about the challenges and prospects of distributed ledger technologies (DLT) during the Bitcoin Expo 2020 at the Massachusetts Institute of Technology (MIT). During the discussion the panelists recognized that DLT could improve the existing global monetary system, however, they found that problems regarding privacy, interoperability, and scalability ...

On Saturday, three monetary and cryptocurrency experts talked about the challenges and prospects of distributed ledger technologies (DLT) during the Bitcoin Expo 2020 at the Massachusetts Institute of Technology (MIT).

During the discussion the panelists recognized that DLT could improve the existing global monetary system, however, they found that problems regarding privacy, interoperability, and scalability of blockchains still persist.

The panel was comprised of International Monetary Fund (IMF) economist Sonja Davidovic, MIT Digital Currency Initiative research scientist Robleh Ali and the Federal Reserve Bank of Boston’s director of applied fintech research Bob Bench.

By Ramsey Baker

Last Update:

Tags: ,,,
Link: DLT Can Improve The Existing Global Monetary System, According To Central Bank Officials   [Copy]
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 19 hours ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 15 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 22 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 26 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 29 days ago
  • You need to login to comment.