A blockchain-based capital markets system
Storing and agreeing datasets of financial obligations and ownership forms the basic core of capital markets operations. The current methods are highly complex, utilise fragmented IT and data architectures and suffer from a lack of common standards. This creates the continual need to reconcile data with massive systems and process duplication, leading to high costs and protracted time to execute tasks. Could blockchain be the structural change the market needs?
Link: Blockchain in Capital Markets. The Prize and the Journey