A new report by the Cambridge Centre for Alternative Finance (CCAF) provides a common terminology and framework for distributed ledger technology (DLT) systems. The report says that the lack of common terminology “has resulted in misconceptions and the widespread formation of unrealistic expectations as to what this technology can achieve. Left unsolved, this disorderly use of language and conceptual terminology could hinder development within the DLT sector, and may present society and industry with legal uncertainty and financial risks which are as yet unrecognised.”
Read the full article [theregister.co.uk]
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