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.
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.