Banks don’t trust anyone, and it’s expensive. Blockchain and DLT can change that

While most people think banks are stable and trusted, they actually operate based on a zero-trust assumption (or simply trust no one). Every employee is constantly under check and control . Running a zero-trust organization is costly and inefficient and internet banking doesn’t solve this crucial and fundamental problem. This problem blockchain is trying to solve is how to run a trusted system with trustless people.

Read full article : Tech In Asia

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