R3’s Tim Swanson: A Public Blockchain Has Settlement Risks
Are public blockchains really a viable option for guaranteeing settlement finality for financial instruments? Tim Swanson, director of market research at R3, claims public blockchains by design cannot definitively guarantee settlement finality. For this reason, he says they are not presently a reliable option for clearing and settling financial instruments. Swanson aired his views on tabbforum in response to the view among some crypto enthusiasts and investors who see public blockchains as a settlement mechanism for financial instruments. Swanson claims they ignore the regulatory, legal....
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