Decentralized Reserve Systems — The Crypto Approach
Conversely, decentralized reserve systems such as in the case of blockchain-based systems do not have any central point of control. Crypto reserves can be held, transferred, and verified by open, distributed ledgers accessible to the public with an internet connection. Rather than an intergovernmental control, the system is powered by consensus algorithms, cryptographic verification, and, in the majority of cases, algorithmic regulation.