Operational hurdles hold back banks’ blockchain adoption as Previdium Commander targets controls

Matter Labs co-founder and CEO Alex Glukowski introduced Previdium Commander as a way to reduce the operational burden of bringing banks’ digital asset services into production, combining permissions, policies and integration with existing systems. The difficulty of building operational controls is a major obstacle to expanding blockchain pilots into live financial services, he said. Institutions need identity management, administrative access and compliance controls alongside the underlying digital asset technology. In an October 21 interview with CoinDesk, Glukowski discussed the product announced at Money 2020.

Source: TokenPost