„Big banks are investing in R&D on blockchain – the distributed consensus ledger technology that powers Bitcoin. Application of decentralized ledgers for purposes other than digital currencies is commonly referred to as “Bitcoin 2.0” (or sometimes more generally “crypto 2.0”). Distributed ledger technology can potentially revolutionize the way capital markets clear and settle transactions to enable trade settlement to happen in almost real time which would be a huge improvement from the current T+2 days. Banks will benefit from reduced risks and reduction in operational costs for post trade processing.“

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