Your browser is old and is not supported. Upgrade for better security.
Altcoin.io

Why Capital Markets Need a Blockchain Solution

on Dec 22 2018
Founder of Altcoin.io and Bizness Apps (acq. $1B in 2018) | Featured in Techcrunch, The New York Times, Forbes, and Wall Street Journal
Capital markets need a blockchain solution for two reasons: efficiency and liquidity. While technology has helped speed up the execution of trades, middle and back office processes are still woefully outdated. Settlement and reconciliation of accounts can take days, and legacy technology costs millions in wasted dollars every year.

While technology has helped speed up the execution of trades, middle and back office processes are still woefully outdated. Settlement and reconciliation of accounts can take days, and legacy technology costs millions in wasted dollars every year.

At the same time, securities markets are suffering from a lack of liquidity. Of all potential investors, few can participate in high capital or specialist asset investment. This restricts such markets to an elite investor class, and it costs more time and money to liquidate assets for those lucky enough to get in.By adopting blockchain into capital markets, the financial services industry could earn up to $20bn in efficiency savings by 2021. In addition, the tokenization of securities will democratize markets, removing many of the traditional barriers to entry, and creating new investment opportunities for everyone.

Read more on our blog: https://blog.altcoin.io/why-capital-markets-need-a-blockchain-solution-9d907b7d42f1