Aite group blockchain wallets
Our customers are proactively coming to discuss blockchain initiatives across our aite group blockchain wallets. While most market participants understand its potential, many financial institutions are still trying to work out whether blockchain technology offers a cost-cutting opportunity or represents a margin-eroding threat to certain areas of their businesses. What is blockchain technology? Financial Times What does blockchain technology solve for? The blockchain offers trust for the user, eliminating the need for the intermediary and mitigating the risk of human error with complete automation.
Blockchain is the underlying technology of the cryptocurrency called bitcoin. Conclusion Several unknowns need to be addressed before this technology becomes mainstream. These are just some of the questions we plan to answer in There is an opportunity to aite group blockchain wallets settlement latency in businesses such as Repo, FX or lending settlement in the loan market can be as long as days where reducing the time between execution and settlement can meaningfully reduce cybersecurity risk, ops risk and funding costs.