Digital currencies will have unpredictable implications for banks, increasing efficiency in some business segments and inviting competition in others.
One way to use distributed ledger technology in banks are utility settlement coins. Hyder Jaffrey, UBS’ head of strategic investment & fintech innovation, explains.
Infographic comparing the implications of decentralized digital currencies to centralized digital currencies on developed market economies.
The last ten years have seen central banks use every weapon in their arsenals, and invent new ones, as they fought the ravages of the financial crisis.