EquiChain to Release DLT Platform for Securities Transaction Flow

The pilot will be launched in the Middle East this year, to address transaction data flow between asset managers, custodians, and exchanges.

Hugh Madden, CTO EquiChain
Hugh Madden, CTO of EquiChain

Distributed-ledger technologies are moving from speculation to full implementation, and EquiChain’s platform aspires to be one of the first fully functional blockchain systems in 2017, according to the vendor’s executives.

Nicholas Bone, CEO of EquiChain, tells WatersTechnology that the platform is built to tackle the friction, inefficiency, cost and the risk in the transaction model between institutional investors and the market infrastructure.

“A distributed ledger allows us to reimagine and