Bylined Articles

Aug 31, 2016 • Bylined Articles

Demystifying Permissioned vs. Permission Less Distributed Ledgers

Demystifying Permissioned vs Permission-Less Distributed LedgersBlockchain is one of the hottest discussion topics in financial services today as many firms are exploring how distributed ledger technology (DLT) may streamline certain post-trade functions and processes.

The Depository Trust & Clearing Corporation (DTCC) has been very active firms exploring potential applications and working collaboratively with industry partners to advance use of the technology to reduce risk and cost and enhance efficiencies.

RELATED: DTCC Drives Advancement of Distributed Ledgers

The debate over the use of permissioned versus permission-less ledgers has generated a lot of interest recently with multiple points of view.

In his TABB Forum op-ed, “Demystifying Permissioned vs. Permission-Less Distributed Ledgers”, Rob Palatnick, Managing Director and the Chief Technology Architect, DTCC, debunks three myths that must be addressed when evaluating a permissioned vs. permission-less approach to blockchain.

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