Blockchain faces obstacles in uncleared swap market
Isda AGM: Technology may have applications but will take time to gain market's confidence
Blockchain has been hailed by a number of industry figures as a way to radically change the uncleared derivatives settlement process, however, senior market infrastructure experts say multiple obstacles must be overcome before the technology can be put into practice.
Blockchain technology is being explored for multiple uses in derivatives markets, including reconciliation, confirmations and segregation. Some also believe it can speed up the settlement of uncleared derivatives margin payments
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