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Digital Currencies

Animation: how the blockchain could fix payments systems

Today’s payments platforms are creaking. The next-generation will use digital currencies and distributed ledger technology to make them faster, cheaper and more convenient.

But there are barriers.

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Payments platforms are creaking

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Bitcoin is quasi anonymous

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Project Jasper identified persistent challenges

For our digital currencies project in collaboration with law firm Baker McKenzie, we have produced a new animation that explains how the blockchain could improve today’s payments systems, and what the hurdles are central banks need to clear first.

The two-minute animation can be accessed by following this link.