Bank of Italy makes its new DLT protocol open source
Research says novel cryptographic signature could validate payments and digital asset transfers
The Bank of Italy on July 30 published a new distributed ledger technology (DLT) protocol, which it believes will have significant implications for work on central bank digital currencies and asset tokenisation.
The Frosted Byzantine Fault Tolerance protocol aims to strengthen a permissioned ledger’s security, its resilience in dealing with faults or fending off attacks, and the confidentiality of its validators.
The researchers believe it is the first time a central bank has developed a
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