The Bank of England decided not to build the new high value payment system on blockchain. But this does not mean we think blockchain has no place in modern payments architecture– far from it. The presentation looks at the unique challenges of high value payments, where we are using centralised architectures and where blockchain can add value.
101 Blockchains hosts this webinar on The Challenges of High-Value Payments on the Blockchain presented by Will Lovell, Head of Future Technology, Bank of England.
Webinar Discussion Topics:
- High value payments require different system designs.
- Implementing these designs on a blockchain creates new challenges.
- Providing interfaces to blockchain platforms allows us to get the benefits of blockchain where they matter the most.