I can also see a domino effect happening if one or a few cities start to use this. If a city/group of cities becomes drastically safer after implementing this, it could pressure those that don't have it to opt in as well.
22 karma · joined October 31, 2018
GS has had a centralized risk/pricing system for over 20 years now that is pretty powerful [2]. Fun fact: GS was able to calculate their total exposure to the Lehman collapse 12 hours after it happened using this.
1. https://www.businessinsider.com/goldman-sachs-buy-financial-... 2. https://news.efinancialcareers.com/uk-en/276170/secdb-quartz...