Simon Gerovich: Close real-time settlement of the block chain will eliminate the credit risk of the counterparty

Chief Executive Officer Simon Gerovich of Metaplanet stated that the waiting period between the execution of the transaction and its settlement carried the credit risk of the counterparty remaining solvent until the settlement date. If Japan promotes regional chains and the monetization of deposits for the near real-time settlement of shares and national debt, the market will compress this exposure and eliminate a class of counterparty risks arising from the settlement cycle。