This decentralized method of transactions is radically different from the traditional centralized banking system. (due.com)
Unlike centralized banking systems, some cryptocurrencies have decentralized control which enables users to perform trade without any third party, such as some company's server. (fovinvesting.com)
Zervos argues that a healthier, more centralized banking system will reduce tail risk, making the problems of profligate sovereigns less damaging to the European whole. (businessinsider.com)