Could Blockchain Really Replace The Need For Clearinghouses?
The race is on for how to best utilise blockchain technology - or, more generally, distributed ledger technology (DLT) - in the financial industry. But before central counterparties (CCPs) rev their engines, they should apply diligent attention to where DLT can make a difference and steer clear of dead-ends.
As a new method of transaction-recording, -storage and -data-sharing, blockchain’s DLT has the potential to be applied to a wide variety of use cases, such as peer-to-peer lending, proxy
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