Consensys Launches Cross-Ledger Settlement and Routing Stack for Institutions
(12 hours ago) · 1 source · Summarized by CryptoBipto
Consensys has released a new infrastructure product designed to enable settlement and routing across multiple ledgers for institutional users. The stack aims to allow financial institutions to move assets and settle transactions across different blockchain networks. The product targets enterprise and institutional clients operating across multiple distributed ledger environments.
WHY IT MATTERS
When large financial institutions like banks or asset managers use blockchain technology, they often end up on different systems that cannot easily talk to each other — similar to how early email providers could not send messages between different platforms.
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SOURCES
- theblock.co
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