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Over decades banks and other firms have built systems for themselves ... and then a collection of processes has emerged between the banks ... to make sure these systems are kept synchronised and are reconciled with each other, with shared or distributed ledgers perhaps we can imagine a world where participants share this infrastructure, so rather than everyone running their own systems that have to be reconciled, we can have ... an open platform that multiple firms can connect to.
Found on Reuters 9 years ago
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