Add as a preferred source on GoogleSwift Executive Says Governance Is Tokenized Finance's Harder Test
Nick Kerigan pointed to representation, accountability and sustainable investment as traits of effective governance.
Swift executive Nick Kerigan said governance is a harder test than technology for tokenized payment networks balancing stability, access and investment as institutions adopt blockchain.
Kerigan, Swift's managing director and head of innovation, made the argument in a post dated Thursday, Nov. 5. He identified stability, access and investment as the three priorities payment networks must balance.
As institutions adopt blockchain infrastructure, foundations and member councils are receiving renewed attention as governance structures. Kerigan pointed to representation, accountability and sustainable investment as traits of effective governance.
He said networks should be judged by their results rather than by the structure they use for governance.