Banks don't trust anyone. Here's why Blockchain and DLT can change that

With Blockchain and DLT, we can build a trusted system with decentralised cryptography

While most people think banks are stable and trusted, they actually operate based on a zero-trust assumption (or simply trust no one).

But, running a zero-trust organization is costly and inefficient, and internet banking doesn’t solve this crucial and fundamental problem. This sets the backdrop for my second post on why blockchain matters.

Blockchain and DLT

The problem blockchain is trying to solve is how to run a trusted system with trustless people. 

However, immutability alone does not produce a trusted system; it has to decouple from the operating team.

Blockchain and DLT ( Distributed Ledger Technology) together eliminate the