And yes – this technology holds the promise of potential improvements. But, the economics underlying the crypto eco-system are actually not so  2/5  BIS - Central bankers' speeches  different from traditional finance. So no - "it won't be so different this time". As always, too little supervision and regulation will attract malicious actors, purporting to offer reliable services.
•  Dissemination of information on all individual transactions in the government securities market on a daily basis and currently on real time basis. •  Tightening of internal controls in investment transactions. •  Removal of administered interest rates –currently only the savings bank deposit rate is fixed by the RBI, while all other deposit rates are deregulated.