Author

Topic: Blythe Masters' Company is Looking at a Blockchain Deal With DTCC (Read 248 times)

legendary
Activity: 2912
Merit: 1852
...

Here's an interesting story, and it could be big:

http://bravenewcoin.com/news/dtcc-and-digital-asset-holdings-target-trillion-dollar-repurchase-agreement-market/

Blythe Masters thinks big.  She more-or-less invented the current derivatives...

DTCC is the "ledger" of all stock and bond transactions in the USA.  It is extremely secretive, yet very important.  They almost had a world-class disaster when the hurricane hit NYC, threatening to flood their (paper) records of transactions, which would have been a major ruh-roh.

Info on DTCC:

https://en.wikipedia.org/wiki/Depository_Trust_%26_Clearing_Corporation
Jump to: