Global capital markets could benefit significantly from the
transparency and efficiencies provided by blockchain.
Interest in the technology continues to build – in
US bank Citi’s global head of commodity trade
finance praised the technology’s capability to
modernise commodity trading and
China’s central bank has increased funding for its
blockchain trading platform.
"In capital markets, blockchain-based systems can improve
trust and transparency, not only for investors but also for
regulators – at far lower costs – by
eliminating the need for reconciliations," said Siddhartha
Siddhartha, CEO and founder of Intain. He added that they can
do this by providing an audit trail; enabling real-time
reporting; and in due course, with tokenisation, helping a move
to mark to market for many securities currently priced at mark
"Within capital markets, there is large scope for using
blockchain under current regulations," he continued. "Not
enough is being done because...