U.S. blockchain, securitization industry groups join forces
http://timesofindia.indiatimes.com/business/international-business/u-s-blockchain-securitization-industry-groups-join-forces/articleshow/57369321.cms
The lobby group for Wall Street's structured finance companies has partnered with the trade association for the blockchain industry to explore ways blockchain technology can streamline the $1.9 trillion U.S. securitization market.
The partnership, set to be announced on Monday, will see the Chamber of Digital Commerce and the Structured Finance Industry Group work together on research and other projects, the groups said.
The effort kicked off with the publication of a study looking at how distributed ledger technology can be deployed to simplify the securitization market, which despite its size, remains highly manual and opaque.
According to the study by Deloitte, blockchain could help increase the certainty of securitization transactions and improve market transparency, which in turn would lead to better liquidity.
Topic: [2017-02-27] ToI: U.S. blockchain, securitization industry groups join forces (Read 396 times)
March 01, 2017, 07:02:29 PM
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