DTCC Blockchain Video Series, Pt 1: Closing the Gap Between Promise and Performance06.14.2016 By John D'Antona Editor, Traders Magazine
The frenzy around Blockchain and distributed ledger technology is unprecedented. Is it a disruptive force on the verge of replacing legacy infrastructures or will the technology produce only marginal impacts in the short-term?
While the current financial market infrastructure provides safe, seamless and efficient processing, it has certain limitations that can be modernized by distributed ledgers. In the first of a new three-part video series from The Depository Trust & Clearing Corporation (DTCC), Bob Garrison, DTCC Chief Information Officer, explains that understanding the technological complexities of the financial services industry is crucial to determining how distributed ledger technology can be integrated into the current post-trade fabric.