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Distributed Settlement: Distributed Ledgers for Real-Time Bank Settlements — SAMMANTICS

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The point being that replacing legacy infrastructure with new technology that change how settlement and clearing is done is an inherently complex process (where everything depends on everything else and is what is known as tightly coupled. This means the tolerance for error is low, particularly in times of extreme financial stress. The goal for the finance industry with the help of distributed ledger technology, should be to reduce complexity, lower costs, and enhance stability. So while real time gross settlement is something that is desirable it must be implemented with caution to make sure the above goals are met.

From Distributed Settlement: Distributed Ledgers for Real-Time Bank Settlements — SAMMANTICS

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