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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

  • By: IE Staff
  • October 12, 2017 October 12, 2017
  • 11:15
New firm focusing on digital asset sector raises $20 million

The group will help clients take advantage of the new technology’s potential

The existing infrastructure for processing fund trades in Sweden is largely a manual, paper-driven process

The technology has the potential to significantly reduce policy management expenses and speed up claims settlement

Blockchain technology may transform financial services just as peer-to-peer file-sharing technology changed the music industry almost 20 years ago

New firm focusing on digital asset sector raises $20 million

NextBlock Global will invest in companies involved in the development and deployment of blockchain technology and virtual currencies