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Blockchains are the most well-known example of a distributed ledger technology (DLT). Unlike classic databases, the ledger is not maintained by any central authority. The integrity of the ledger is maintained automatically by an algorithmic consensus process whereby nodes vote and agree upon the...
Persistent link: https://www.econbiz.de/10012889272
Digital payments are essential to the functioning of a modern economy, yet pose challenges to the prudential supervision of the financial system. At the same time, the use of physical cash persists in most countries due to its ease of use and the perceived or actual advantages of anonymity. A...
Persistent link: https://www.econbiz.de/10013246180
Blockchains are the most well-known example of a distributed ledger technology (DLT). Unlike classic databases, the ledger is not maintained by any central authority. The integrity of the ledger is maintained automatically by an algorithmic consensus process whereby nodes vote and agree upon the...
Persistent link: https://www.econbiz.de/10012150965
Persistent link: https://www.econbiz.de/10012593492