Too Many Cooks Will Spoil Blockchain Broth, Says SETL chief

Distributed ledger technology standards will be 'lowest common denominator' if everyone has a say

Peter Randall, CEO, SETL

Broad industry engagement is not the way to build standards for financial services blockchains, Peter Randall, CEO of payments infrastructure SETL, told delegates at Sibos in Geneva this week.

Too many interests will detract from standardization, he said on a panel billed as "RegTech Versus FinTech" that focused on industry efforts to develop blockchain, or distributed ledger technology, solutions.

Randall drew a parallel between the standardization efforts for distributed ledger technology

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: