DTCC Test Shows Blockchain Can Support 100m Trades Per Day
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DTCC Test Shows Blockchain Can Support 100m Trades Per Day
The Depository Trust & Clearing Corporation (DTCC), a post-trade market infrastructure provider for the financial services industry, announced the results of a benchmark study on Wednesday which demonstrated for the first time ever that distributed ledger technology (DLT) is capable of supporting average daily trading volumes in the US equity market of more than 100 million trades per day.
For those of you not in the know,DLT is a synonym for blockchain. It is being used more and more in corp-speak as a means of re-branding away from blockchain, which people are starting to ... (read more)
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