Status quo will push back on blockchain, conference hears

Control, cost, intermediaries and law all seen as hurdles for use of blockchain in financial markets

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Transaction costs, legal uncertainty and barriers to new entrants in the securities market will all restrict the spread of blockchain technology, a conference at the London School of Economics and Political Science (LSE) heard on June 10.

The potential for blockchain technology – or at least some aspects of it – to be applied to clearing and settlement in financial markets has excited interest from a variety of startups and more established market participants. But speaking at the LSE conference

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