Research Identifies Challenges for Blockchain Clearing and Settlement

TABB Group, a London-based financial markets research firm, has completed a report that highlights challenges for transforming market settlement to blockchain-based systems.

TABB research concurs there are major technological incentives for moving markets to the blockchain, namely decentralizing trust, greater transactional transparency, an immutable record, compacting settlement periods, and the freeing up of capital while reducing settlement counterparty risk.

However, the research firm notes there are significant impediments that exist in re-engineering market systems for blockchain technology.