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
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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