Sentences with phrase «infrastructure costs attributable»

The paper notes that international payments remain slow and expensive, and significant savings can be made by banks and end - users bypassing existing international payment networks, and suggests that distributed ledger technology could reduce banks» infrastructure costs attributable to cross-border payments, securities trading and regulatory compliance by between $ 15 billion and $ 20 billion per annum by 2022.

Not exact matches

While these low costs are attributable to the region's access to natural resources and booming energy production, the report suggests that could end in only a few years unless new infrastructure and pipeline projects are hastily approved.