HomeDIGITAL ASSETS REGULATORYbis_asset_updateExploring the Role of Distributed Ledger Technology in Payment, Clearing, and Settlement...

Exploring the Role of Distributed Ledger Technology in Payment, Clearing, and Settlement Processes

An individual or group of people known as Satoshi Nakamoto released a paper that detailed the inner workings of a revolutionary form of digital currency. This pseudonymous individual or group, whose true identity remains unknown, introduced the concept of cryptocurrency through their publication. The paper provided an in-depth explanation of the mechanics behind this new form of currency, which operates on a decentralized network called blockchain. This groundbreaking development sparked a global interest in cryptocurrencies, leading to the creation of numerous digital currencies that have since gained significant traction in the financial world.

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