CIOApplications
static-image
  • Home
  • Applications
      • Auction Software
      • Audit Management
      • Bioinformatics
      • Business Continuity
      • Business Intelligence
      • Chatbot
      • Club Management
      • Collaboration
      • CPQ
      • Custom Software Development
      • CRM
      • Data Platform
      • Digital Experience
      • e-Discovery
      • E-Signature
      • Employee Engagement
      • EAM
      • Enterprise Communications
      • Enterprise Mobility
      • Enterprise Reporting Software
      • Enterprise Search
      • Forestry
      • GIS
      • GRC
      • Human Resource
      • Indoor Positioning
      • Innovation Management
      • InsurTech
      • Intellectual Property
      • IT Infrastructure
      • IT Operations Management
      • IT Service Management
      • License Management
      • Low Code Platform
      • Maintenance Management
      • Managed IT Services
      • MarTech
      • Master Data Management
      • Order Management
      • Parking Management
      • Personalization
      • Portal Software
      • Procurement Tech
      • Publishing Software
      • Quality Management System
      • Remote Monitoring
      • Remote Support
      • RFID
      • Sales Tech
      • Software Asset Management
      • Software Testing
      • Task Management
      • Unified Communications
      • Visitor Management
      • Voice Recognition
      • Web Design and Development
      • Workflow
      • Workplace Management
  • Verticals
      • Automotive
      • Banking
      • BioTechnology
      • Casino
      • Construction
      • CPG
      • Contact Center
      • Education
      • Energy
      • Field Service
      • Fintech
      • Food and Beverages
      • Government
      • Healthcare
      • Legal
      • Life Sciences
      • Logistics
      • Manufacturing
      • Media and Entertainment
      • Retail
      • Travel and Hospitality
      • Utilities
  • Technologies
      • 3D Scanning
      • Agile
      • API
      • Artificial Intelligence
      • Augmented Reality
      • Blockchain
      • CAD/CAM
      • Cloud
      • Container Management
      • Cyber Security
      • Data Analytics
      • Data Center
      • DevOps
      • Drone
      • Graphics
      • Hyper Converged Infrastructure
      • Image Recognition
      • IoT
      • Lidar
      • Machine Learning
      • Machine Vision and Imaging
      • Nano Tech
      • Networking
      • Predictive Analytics
      • PropTech
      • RF and Microwave
      • Robotic Process Automation
      • Robotics
      • Security
      • Simulation
      • Smart Labelling
      • Space Tech
      • Telematics
      • Virtual Assistant
  • Company Eco System
      • Adobe
      • Amazon
      • Avaya
      • ESRI
      • Google
      • IBM
      • Infor
      • Microsoft
      • Mitel Partners
      • National Instruments
      • NetSuite
      • Oracle
      • Progress
      • Qlik Partner
      • Riverbed
      • Salesforce
      • SAP
      • ServiceNow
      • SiteCore
      • Splunk Partner
      • VMware
  • News
  • conferences
  • Newsletter
  • Whitepaper
  • About us
  • Specials

  • Menu
      • Amazon
      • Artificial Intelligence
      • Auction Software
      • Blockchain
      • CAD/CAM
      • Club Management
      • CPQ
      • Digital Experience
      • E-Signature
      • Education
      • Energy
      • Enterprise Mobility
      • Food and Beverages
      • GRC
      • Healthcare
      • Image Recognition
      • Indoor Positioning
      • Infor
      • Intellectual Property
      • IoT
      • Legal
      • Lidar
      • Logistics
      • NetSuite
      • Personalization
      • Predictive Analytics
      • Quality Management System
      • Remote Monitoring
      • Retail
      • RF and Microwave
      • Riverbed
      • Simulation
      • Task Management
      • Utilities
      • VMware
      • Workflow
  • VMware
  • Amazon
  • Artificial Intelligence
  • Auction Software
  • Blockchain
  • CAD/CAM
  • Club Management
  • CPQ
Specials
  • Specials

  • Amazon
  • Artificial Intelligence
  • Auction Software
  • Blockchain
  • CAD/CAM
  • Club Management
  • CPQ
  • Digital Experience
  • E-Signature
  • Education
  • Energy
  • Enterprise Mobility
  • Food and Beverages
  • GRC
  • Healthcare
  • Image Recognition
  • Indoor Positioning
  • Infor
  • Intellectual Property
  • IoT
  • Legal
  • Lidar
  • Logistics
  • NetSuite
  • Personalization
  • Predictive Analytics
  • Quality Management System
  • Remote Monitoring
  • Retail
  • RF and Microwave
  • Riverbed
  • Simulation
  • Task Management
  • Utilities
  • VMware
  • Workflow
×
#

CIO Applications Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Applications

Subscribe

loading
  • Home
  • Blockchain
Editor's Pick (1 - 4 of 8)
left
A Closer Look at Block Chain Technology

A Closer Look at Block Chain Technology
John Shea, CIO, Eaton Vance

Blockchain Community Leader, I am part of the Innovation & Digital Transformation team that runs innovation initiative for CACIB

Blockchain Community Leader, I am part of the Innovation & Digital...
Xavier Laurent, Blockchain Community Leader for Credit Agricole CIB

Blockchain: The Paradox

Blockchain: The Paradox
Sean Khozin, MD, MPH, Associate Director, FDA

Blockchain Is it Really Worth the Hype?

Blockchain Is it Really Worth the Hype?
Sheila Warren, Head of Blockchain and Distributed Ledger Technology, World Economic Forum

Why CXO's cannot ignore Blockchain?

Why CXO's cannot ignore Blockchain?
Jagruti Solanki, CPA, MBA, CGMA, and Assurance Partner, Aprio

Blockchain, the real benefit behind the technology

Blockchain, the real benefit behind the technology
Rebecca Hofmann, Manager of Innovation, Equinor Chairman, OOC Blockchain Consortium

Blockchain for Personalization, Opportunities and Challenges for the future

Blockchain for Personalization, Opportunities and Challenges for...
Giridhar Tatavarty, VP, Data Science at 84.51˚

Blockchain Rising: Have You Considered Blockchain for Your IoT Strategy?

Blockchain Rising: Have You Considered Blockchain for Your IoT...
Gavin Whitechurch, EVP Product & Strategy, KNect365 TMT

right

Thank you for Subscribing to CIO Applications Weekly Brief

A Transparent Way to Boost Post-trade Efficiency

By CIO Applications| Thursday, February 28, 2019
Tweet

Digital technologies such as blockchain, the distributed ledger technology best known for its association with bitcoin and cryptocurrency, create new options to streamline and simplify paper processes and disrupt long-standing business models. The blockchain is leveraged in some of the biggest names in commodity trading, such as Gunvor and Mercuria, in oil and gas majors like Shell and BP, and big banks like ING and Societe Generale.

Blockchain allows all parties involved in a commercial transaction to access the same information source. This simplifies the order-to-settlement process and reduces the amount of additional work required to complete transactions. Even if access to a blockchain ledger can only be limited to the participants in that transaction, data confidentiality must be protected within that limited membership.

Check Out This: Top 10 Blockchain Solution Providers  

The blockchain technology captures information about all the steps in the supply chain from origin to destination. This ensures a degree of assurance that the information is correct as it is in origin without any manipulation till destination. If the customs and other agencies could see this blockchain application, goods could be cleaned without further intervention.

Cobalt DL, a London-based company, announced that the beta testing on the distributed ledger network has begun, which the company hopes will reduce its post trades costs and provide a unique database for foreign exchange transactions. To develop a unified system, the network uses blockchain ideas such as digital signatures and encryption. Cobalt has signed a contract to use the system with eight leading foreign exchange institutional participants.

It is, in fact, logical to use foreign exchange blockchain technology. Trade currencies are both costly and slow in their current form, with a great deal of involvement of intermediaries. These intermediaries can be eliminated from the transactions with increased efficiency and lower costs by using the distributed booklets. At the same time, Goldman Sachs’ files a new patent for blockchain-based forex trading. A genuine point of inflection in post-trade is seen, with even the largest market players seeking to standardize, outsource, and reciprocate their post-trade processing costs.

Blockchain companies:  BLOQ, Cognive, Global Debt Registry 

tag

Blockchain

Read Also

Why Blockchain is a Better Alternative for Capital Generation?

Why Blockchain is a Better Alternative for Capital Generation?

What Tokenization has to Offer Capital Market Firms?

What Tokenization has to Offer Capital Market Firms?

Blockchain: Answer to Corporate Sustainability

Blockchain: Answer to Corporate Sustainability

New Software Solution Enables Organizations Head Exchanges

New Software Solution Enables Organizations Head Exchanges

Weekly Brief

loading
ON THE DECK

SAP 2019

Top Vendors

Web Design and Development 2019

Top Vendors

Enterprise Asset Management 2019

Top Vendors

Digital Experience 2019

Top Vendors

Previous Next

Copyright © 2019 CIOApplications. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy |  Sitemap  |  Subscribe

follow on linkedin follow on twitter follow on rss
This content is copyright protected close

However, if you would like to share the information in this article, you may use the link below:

https://www.cioapplications.com/news/a-transparent-way-to-boost-posttrade-efficiency-nid-3544.html