Report: Blockchain Could Disrupt Capital Markets Within Decade
Blockchain technology is set to disrupt existing financial business models within the next five to 10 years, according to a new report by global capital markets consulting firm GreySpark Partners. Entitled "The Blockchain: Capital Markets Use Cases", the report notes that distributed ledger technology (abbreviated as DLT) has the potential to reduce operational costs and counterparty and settlement risk, while also impacting payments and remittances, among other financial sectors. Other topics discussed in the report included digitised financial instruments; regulatory reporting; clearing....
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