Building a Distributed Backend for the Global Banking System with Luca Prosperi
Rebank: Fintech Analysis
00:00
The Importance of Governance in Financial Infrastructure
M zero will have its own dedicated governance module that has been designed bottom up by Greg, who is one of the three co-founders. We are trying to design good mechanisms of governance that can incentivize what we think are virtuous behavior of governance. The nature of the decision making is also very, very important. As soon as you have governance taking very, very complex decisions that they don't have a right or wrong answer, things get very, very political. It should be like a boring official that checks a checklist and sees whether someone that is asking for something has the requirements to be the one I'm being.
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