In our view, it has not yet been proven beyond doubt that blockchain-based settlement systems are superior to the methods in use today. That’s why we’re open-minded about this issue – as I said earlier, we are looking to learn more.
But we’re not looking to compare apples and oranges, 2/4  BIS central bankers' speeches  hence our efforts to base the experiment on today’s real-world conditions. Blockchain needs to fit into the real world, not vice versa. Earlier on, I mentioned the sense of disillusionment which has now clouded many blockchain projects.