Tag: Euro settlement system

ECB’s Yves Mersch Labels Blockchain an Inferior Payment System

There is a genuine global interest in blockchain technology right now. That is only normal, as distributed ledgers will transform many businesses in the coming years. European Central Bank executive board member Yves Mersch is not too impressed by this technology. In fact, he claims the new euro settlement technology will outclass blockchain¬†as a payment system.¬†It’s an interesting statement, but only time will tell if he is right or not. …
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