The original blockchain was a distributed ledger used to trade the cryptocurrency bitcoin. Bitcoin transactions would be pooled into blocks to lower the cost of validation for each individual transaction.
But according to a new report published by consultancy Opimas, the so-called “blockchain” initiatives beginning to populate the capital markets have little resemblance to the original bitcoin-blockchain model. Most initiatives today do not require transactions to be “blocked” together.
The founder and CEO of Imperative Execution looks at how trade execution is changing and what that means for the buy side.Subscribe to Weekly Wrap emails