Loan settlement woes to receive blockchain technology barrage

Blockchain Fotolia 230x150
By Dan Alderson
28 Sep 2016

Syndicated loans are becoming a focal point of firms looking to demonstrate the power of blockchain, or distributed ledger technology, with different initiatives ramping up and competing to solve the problem of lengthy settlement times in the private debt market.

This week Credit Suisse and tech firms Ipreo, Symbiont and R3 said they have completed the first stage of a project to demonstrate how blockchain technology can be used to improve settlement times for syndicated loans. This is part of a broader proof of concept for blockchain to ...

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