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Cardano Proposes Tech-Neutral Guidelines for Third-Party Risk

  • Cardano has proposed tech-neutral guidelines for managing third-party risks.
  • The current principles of the Bank for International Settlements (BIS) restrict the use of decentralized infrastructures like blockchain.
  • Cardano advocates for technological neutrality and alternative risk management approaches to facilitate resilient frameworks.
  • Decentralized infrastructures offer advantages such as resilience, transparency, and cost reduction.

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