Governance and control in distributed ledgers: understanding the challenges facing blockchain technology in financial services

• Published in: IDEAS Working Paper Series from RePEc
• Main Authors: Zachariadis, Markos, Hileman, Garrick, Scott, Susan V
• Format: Paper
• Language: English
• Published: St. Louis Federal Reserve Bank of St. Louis 01.01.2019
• Subjects: Blockchain; Financial services

As blockchain platforms are becoming increasingly noticeable in financial services and beyond, questions arise regarding their suitability to compete with or replace existing payment systems and marketplaces and redesign the financial infrastructures of the future. Prominent amongst these concerns a...