
Private Blockchain by Banks May Pose Systematic Risk, Warns Leading Rating Agency
The latest report by a leading rating agency ‘Moody’ indicates the risk of private and centralized blockchain which many financial firms and banks are intended to leverage. Moody has released a report on April 25, entitling as ‘Blockhcian Improves Operational Efficiency for Securitizations, amid New Risks’. The report elaborates the efficiency and uses-cases of blockchain
The latest report by a leading rating agency ‘Moody’ indicates the risk of private and centralized blockchain which many financial firms and banks are intended to leverage. Moody has released a report on April 25, entitling as ‘Blockhcian Improves Operational Efficiency for Securitizations, amid New Risks’. The report elaborates the efficiency and uses-cases of blockchain