Pundit: Federal Reserve Confirms Ripple’s BFT Technology for Secure Payments

A financial expert has re-ignited discussions after highlighting that a recent study by the Federal Reserve confirmed the role of Byzantine Fault Tolerance (BFT) technology in secure payment systems. The research, published as part of the Fed’s Finance and Economics Discussion Series under the title “Heraclius: A Byzantine Fault Tolerant Database System with Potential for Modern Payment Systems”.