BLOCKCHAIN has the potential to eliminate intermediaries as well as reducing settlement times, and can be applied to different use cases, ranging from securities settlements to syndicated loans, derivatives valuations to confirmations.
BLOCKCHAIN DERIVATIVES
Credit: insidebitcoins
As an Advocate of BLOCKCHAIN Technology & its application to the Global Financial Markets in particular the effects on DERIVATIVES & GLOBAL TRADE, I am constantly on the lookout for great articles to share.
Earlier I came across this great piece and I thought I would share it with you.
Credit to insidebitcoins for the content in the article.
http://insidebitcoins.com/news/blockchain-in-capital-markets-what-has-been-done-so-far/64207
Credit: insidebitcoins
Credit: insidebitcoins
Credit: insidebitcoins
For over four years now I have banging on about this and can now finally sit back and watch things unfold.
When I first talked about applying Blockchain Technology to DERIVATIVES in 2013 it was met by a barrage of abuse and ridicule and on some occasions threats.
Despite the threats I never once backed down on what I was saying, because I knew I was right.
The Global Financial System is in a mess, a real mess, and anyone who thinks otherwise are in for a nasty shock.
Once again, this is a great article and well worth reading.
Thanks for reading.
Stephen
#Global #Financial #GameChanger
Shared on LinkedIn. Stephen
Shared on twitter. Stephen
Prices in crypto world as we know today, would skyrocket if only 10% of that 11 Trillion would migrate to blockchain!
Thanks for sharing this article!
Interesting, it deserves to research more and use it
That's is a good update by you updating all of us very frequently with market that's very nice of you