Recent report said 84% of exchanges are investigating DLT technology
The Japan Exchange Group has outlined a
raft of clearing and settlement issues with blockchain
technology in a new paper Tuesday.
The Japan Exchange Group (JPX) said that a
number of clearing and settlement issues may arise from the use
of blockchain or distributed ledger technology, following
research and proof-of-concept testing at the exchange.
Authors of the paper cite clearing and
settlement to be the most important use case for distributed
ledger technology (DLT); "Based on the technical
characteristics of the DLT, it is more suitable for use in the
post-trade domain in the financial markets. For the use case of
small-scale post-trade process, there would not be any serious
concerns even with the current state of the DLT technology,"
the authors noted.
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