Sentences with phrase «conventional bank asset»

Not exact matches

Because these contracts are automated, instantaneous, and executed with assets already represented in the Bitcoin blockchain, Middleton says they eliminate counterparty risk while also subtracting conventional banking and brokerage fees.

But a staff analytical paper from the Bank of Canada is peeling back the layers of blockchain's proposed advantages and suggests most of its assets actually come from more - conventional technologies such as encryption and smart contracts.

In contrast to other prominent banking institutions, some of which are interested in exploring other use cases for the blockchain, Carstens did not appear impressed by technologies related to digital assets: «In practice, central bank experiments show that DLT - based systems are very expensive to run, and slower and much less efficient to operate on conventional payment and settlement systems.»

At that point, the poisoned assets migrated to the balance sheets of the commercial banks, depleting their capital, moving the bad debt from the shadow banking system — the vehicles are part of it — to the conventional banking system.

The global house price bubble was a consequence of lower interest rates, but it was long term interest rates that galvanized home asset prices, not the overnight rates of central banks, as has become the seeming conventional wisdom.

National governments suffering from severe budget shortfalls often have a distressing habit of suddenly confiscating private assets held in conventional bank accounts.