Research considers use of blockchain in securities settlement
Paper says full application of technology will require notable change
Adopting a blockchain model for securities settlement could provide an opportunity for firms to harmonise business processes and address inefficiencies in post-trade processing, research published by the SWIFT Institute has said.
The paper, authored by Michael Mainelli and Alistair Milne, investigates the practical application of a mutual distributed ledger (DL), similar to blockchains, in securities markets.
It draws on interviews and focus group meetings with individuals from 75 organisations
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