•  Cryptography, in the form of hashes and digital signatures, provides a secure way to initiate a transaction that helps verify ownership and the availability of the asset for transfer. •  Consensus algorithms provide a process for transactions to be confirmed and added to the single ledger.
These and other challenges are, however, being tackled enthusiastically in a consultative manner, and we remain highly optimistic about the stability of our financial system, the growth prospects of our economy, and the future of our country.