U.K. regulator issues discussion paper on the development of blockchain technology
The new distributed ledger technology (DLT) will operate on a secure private network
Project reaches another key milestone
Canaccord Genuity withdraws as private placement underwriter
Legal obstacles can make it difficult for firms to fully embrace the benefits of the technology
The collaboration with Payments Canada and the Bank of Canada will develop a proof of concept for the clearing and settlement of securities based on distributed ledger technology
Iliana Oris Valiente also head’s up the firm’s blockchain practice in Canada
Banks will have to decide how they’re going to compete
Partnership allows early access to research
The group will help clients take advantage of the new technology’s potential