Regardless, the new data still offer the public and supervisory agencies charged with enforcement of the fair lending laws a better screening tool than was previously available.
That is why the Bundesbank – much like other central banks worldwide – has been putting a great deal of thought into DLT, even though this technology is still very much in its infancy. Potentially, distributed data storage means that DLT can simplify reconciliation processes associated with complex work-sharing value added chains.