Central Banking

Blockchain-based payment systems lack ‘capacity and efficiency’ – DNB

Netherlands Bank
Photo: Rachael King

Payment systems could be made more resilient to cyber attacks if built on a blockchain, according to the results from experiments run by the Netherlands Bank.

But the DNB says this increased security would come at a cost. “It appears that the resilience of a financial market infrastructure (FMI) against external attacks could be increased … but this is at the expense of capacity and efficiency,” the DNB said in its latest bulletin.

The DNB’s findings follow its development of four different

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