Utility Settlement Coin

Research Overview

Author: Massimo Morini
Release Date: May 25, 2018

Abstract:

The utility settlement coin (USC) consortium plans to develop what we believe banks will welcome. This case study describes how the USC, launched by UBS and Clearmatics, will use decentralized blockchain technology to confirm financial agreements that are verifiable without the wastefulness of proof of work. Financial institutions could conduct business more safely because of real-time settlement, smart contracts, and enhanced risk management procedures using this new digital version of fiat currencies.

Copyright 2018 Blockchain Research Institute ™ – not for distribution

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Copyright 2018 Blockchain Research Institute ™.This research paper is exclusively available for distribution to employees of BRI member organization for six months after the publish date. After six months, it will be made available for wider distribution under a Creative Commons license.

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Copyright 2018 Blockchain Research Institute ™.This research paper is exclusively available for distribution to employees of BRI member organization for six months after the publish date. After six months, it will be made available for wider distribution under a Creative Commons license.

Utility Settlement Coin Infographic

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