Chapter 5: DLT, Blockchain, Alt-Currencies
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Chapter 5: DLT, Blockchain, Alt-Currencies
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Chapter 5 of "Bank 4.0" focuses on Distributed Ledger Technology (DLT), blockchain, alt-currencies, and distributed ecosystems. It discusses how emerging digital currencies, such as Bitcoin, are gaining traction and highlights the structural implications of DLT for the banking industry. The chapter explores the transformative potential of blockchain technology in reshaping financial services by enhancing transparency, security, and efficiency in transactions. It emphasizes that the increasing use of alternative currencies and decentralized financial systems signals a significant shift in how value is exchanged and managed, challenging traditional banking models and practices.
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.