Enhancing financial services with permissionless blockchains

This report examines the potential of public permissionless blockchains to enhance traditional financial services. It highlights the key advantages of utilizing an open base layer, including transparency, inclusivity, and increased competition, while addressing critical challenges such as scalability, privacy, transaction sequencing, finality, and governance. The report provides an extensive overview of proposed solutions to these challenges, drawing on insights from academic research and open-source development. Additionally, it presents a ser

Source: op.europa.eu