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Italian Banking Industry Chose Decentralization Over Centralization


Italian Banking Industry Chose Decentralization Over Centralization

In a recent panel, as part of a digital Unitize blockchain conference, ABI chief innovation officer Silvia Attanasio explained why the banking entity chose to go the decentralized blockchain route for Spunta — its blockchain solution built on enterprise blockchain platform Corda.

If ABI had gone the decentralized route, the entity would have needed to locate a centralized party to gather and manage a large amount of data on various fronts, Attanasio said on the July 8 panel, noting ABI’s rationale behind choosing a decentralized approach.

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