Researchers for the UK's central bank have argued in a new paper that, if left unregulated, securities settlement services built on distributed ledger tech (DLT) could turn into monopolies.In a new research paper, entitled "The economics of distributed ledger technology for securities settlement", Bank of England staffers Evangelos Benos, Rodney Garratt and Pedro Gurrola-Perez posits that such an outcome is a possibility, even if the tech itself brings positive changes to the overall structure of the securities settlement sector.
More here
https://www.coindesk.com/bank-of-england-dlt-shift-could-drive-monopolies-in-securities-settlement/