Traditional finance: centralized intermediaries, high friction, opacity, cyber vulnerabilities. Blockchain promises to reduce trust and reconciliation costs but introduces new governance and systemic risks. This is the Discussion that proof blockchain-based infrastructures can enhance efficiency and trust in financial systems without amplifying systemic risk
Traditional finance: centralized intermediaries, high friction, opacity, cyber vulnerabilities. Blockchain promises to reduce trust and reconciliation costs but introduces new governance and systemic risks. This is the Discussion that proof blockchain-based infrastructures can enhance efficiency and trust in financial systems without amplifying systemic risk