Brazilian Central Bank new ‘PIER platform works as a distributed ledger connecting monetary, securities and pension regulation authorities. To be specific, BCB, Susep, CVM, and Previc.
Unsurprisingly features such as data integrity, immutability and the core reliability and security of blockchain networks support this development. Eliminating duplicated data handling work is also good.
Interesting topic is that one driver was the decentralization aspect. Limited, of course, since platform is not open. Centralized system introduces a hierarchy not backed by the law. Among those regulators bodies, they are equals.
Seeking a reliable, secure, efficient peer-to-peer information exchange system they ended up in… blockchain.
(Central Bank take-one does not look like they are all equals, tho)