The ECB will examine using individual users to validate transactions offline, but “the time to market for this solution is more uncertain” than one involving traditional intermediaries like banks, given uncertainties over technology and security, the document said. “The development of a third-party validated solution for online payments should not be delayed in case the timely delivery of a peer-to-peer validated solution for offline payments proves to be unfeasible.”
Related posts
-
Mastercard’s Token Network Connects with JPMorgan’s Digital Asset Network, Kinexys, for Blockchain-Based FX
“By bringing together the power and connectivity of Mastercard’s MTN with Kinexys Digital Payments, we are... -
Shemaroo Entertainment and PWR Chain Announce Strategic Partnership to Revolutionize India’s Digital Entertainment through Blockchain Innovation – Press release Bitcoin News
Shemaroo Entertainment and PWR Chain Announce Strategic Partnership to Revolutionize India’s Digital Entertainment through Blockchain Innovation... -
Digital Currency Group’s Barry Silbert Bets Big on AI Blockchain Bittensor
“If you ask five people: ‘What is Bittensor?’ You will get five different answers,” Silbert, a...