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Blockchain settlement solution trials proved expensive and slow, Bundesbank president says

Blockchain settlement solution trials proved expensive and slow, Bundesbank president says – The Block

The Bundesbank and Deutsche Boerse ran a trial project using blockchain technology, and its conclusions are not optimistic, Bloomberg writes. As Germany’s central bank president Jens Weidmann explained, the use of a blockchain solution to transfer and settle securities and cash did not give satisfactory results.