The blockchain project has the potential to transform how mutual funds are traded.
It should enable active fund managers, distributors and service providers to come up with new business models to combat declining fees.
R3 has pivoted from its initial ambition of rolling out blockchain apps, to focus on the foundational technology.
Blockchain development consortium R3 explains the work it is doing to lay the groundwork for applications.
DTCC, which processes hundreds of millions of trades a day, is expanding its projects related to blockchain, as it finds new uses for distributed ledger technology.
But as use cases proliferate for distributed ledgers, so do vendors, coding languages, and the number of emerging intermediaries.
A new initiative, openANX, aims to make blockchain and crypto-currency trading more institutionalized.
Jame and Dave discuss how and when blockchain makes sense and what challenges remain to broader adoption.
DTCC, the Depository Trust and Clearing Corporation, tests whether its blockchain initiative for repurchase agreements can go into operation.
Galileo Platforms, a fintech, says its blockchain will help insurers crack new markets at low cost.