摘要：Distributed ledger technology (DLT)—most commonly known as the foundationof Bitcoin—offers a fundamentally different way to conduct andtrack financial transactions. Researchers are investigating its usefulnessin all corners of the financial system. Project Jasper is a proof of concept of a DLT-based wholesale paymentsystem. The experiment provided significant insights into therelative strengths and weaknesses of using DLT for financial marketinfrastructures. For critical financial market infrastructures, such as wholesale paymentsystems, current versions of DLT may not provide an overall net benefitrelative to current centralized systems. Recent versions of DLT have,however, made advances compared with initial cryptocurrency applicationsof DLT. Benefits for the financial system of a DLT-based wholesale payment systemcould likely arise from its interaction with a larger DLT ecosystem of financialmarket infrastructures, potentially including cross-border transactions.
