DTCC Looks to Blockchain Technology to Improve Manual Processes

Without standards across the industry, blockchain technology could become a group of siloed solutions,

sp-chains

The paper ─ "Embracing Disruption: Tapping the Potential of Distributed Ledgers to Improve the Post-Trade Landscape" ─ discusses the pros and cons of distributed ledger technology, and also urges the industry to come together in finding the proper way to implement the new technology.

"The industry has a once-in-a-generation opportunity to reimagine and modernize its infrastructure to resolve long-standing operational challenges," says Michael Bodson, president and CEO at DTCC. "To realize the po

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