Bond Rating Agency Moody’s Warns on Risks of Private Blockchains

Rating agency Moody’s has warned of several risks of private, centralized blockchains in a report for clients examining the pros and cons of the technology for financial firms.

Titled “Blockchain Improves Operational Efficiency for Securitizations, Amid New Risks,” the April 25 report describes the basic features and promises of blockchain technology, explaining how businesses like banks can leverage it to their benefit.

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