Tag: financial system

DTCC Releases Report on Blockchains in the Financial Industry

The Depository Trust & Clearing Corporation (DTCC), a financial securities clearinghouse and services provider, has released a report (Embracing Disruption: Tapping the Potential of Distributed Ledgers to Improve the Post-Trade Landscape) that details the risks and opportunities of the application of blockchain technology to the current post-trade securities clearing system. According to the report, current market infrastructure has proven reliable over the past several decades, but the legacy system is …
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