16th October 2024 Digital Bytes
Blockchain transforming the $16+trillion repo market - the repo market, essential for global finance, facilitates liquidity and short-term borrowing through repurchase agreements where securities are sold with a promise to repurchase at a higher price. Valued at over $16 trillion, this market plays a critical role in maintaining financial stability. And with the advent of blockchain technology, the repo market is evolving further, enhancing efficiency and transparency by automating settlements and streamlining collateral management. Innovations from firms such as JP Morgan and Broadridge demonstrate blockchain’s ability to reduce settlement times and counterparty risks, paving the way for a more agile and transparent financial ecosystem in the repo and securities lending markets.
Transforming P2P lending with blockchains - blockchain is transforming P2P lending by enhancing transparency, reducing costs and increasing security through decentralised ledger technology and smart contracts.…
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