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Swiss National Bank: SCION is an Ideal Infrastructure for DLT Cross-Border Payments - Fintech Schweiz Digital Finance News - FintechNewsCH
Distributed ledger technology (DLT) has the potential to improve today’s slow, expensive, and opaque cross-border payment systems by enabling instant, transparent, and resilient settlements. However, because DLT systems rely on the public Internet, they remain exposed to infrastructure-based attacks. According to the Swiss National Bank (SNB), these vulnerabilities can be addressed through SCION (Scalability, Control, and Isolation on Next-gener…
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Swiss National Bank: SCION is an Ideal Infrastructure for DLT Cross-Border Payments - Fintech Schweiz Digital Finance News - FintechNewsCH
Distributed ledger technology (DLT) has the potential to improve today’s slow, expensive, and opaque cross-border payment systems by enabling instant, transparent, and resilient settlements. However, because DLT systems rely on the public Internet, they remain exposed to infrastructure-based attacks. According to the Swiss National Bank (SNB), these vulnerabilities can be addressed through SCION (Scalability, Control, and Isolation on Next-gener…
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