[ad_1] Blockchain identified as a systemic threat to the global financial sector for new DTCC report Blockchain identified as a systemic threat to the global financial sector for new DTCC report Lamassu CEO Crypto Vending Machine Zach Harvey clearly states: "Crypto is for activists" Lamassu CEO Crypto Vending Machine Zach …
Read More »Blockchain could "undermine the security" of the current financial market, DTCC Exec
[ad_2][ad_1] Fintech is considered a "systemic risk" for the broader economy, according to a survey conducted by the United States Depository Trust and Clearing Corporation (DTCC) on December 11th. Twenty percent of respondents to the so-called "DTCC Systemic Risk Barometer" identified the fintech among the risks of the global economy …
Read More »Blockchain is a "systemic risk" for the financial industry: DTCC Exec.
[ad_2][ad_1] The Depository Trust & Clearing Corporation or DTCC publishes a report on the stability of the global financial system every year and has done so every year since 2013. Describes this report in these terms: "[T]The DTCC risk system risk survey serves as an annual wrist check to monitor …
Read More »The head of security DTCC cites Blockchain as a systemic risk
[ad_2][ad_1]<div _ngcontent-c14 = "" innerhtml = " Stephen Scharf, the head of security at DTCC, warns against the potential systemic risk of blockchain and more.DTCC The Depository Trust and Clearing Corporation today identified the blockchain as a potential threat to global financial infrastructure in its annual System Risk Barometer poll. …
Read More »15 banks to test the DTCC market infrastructure using Blockchain
[ad_2][ad_1] The DTCC post-trade infrastructure giant has started the testing phase to reconfigure credit derivatives on distributed led technology (DLP) and cloud technology. The process will include the participation of 15 of the world's largest global banks, which will conduct structured user acceptance tests to validate the interaction between systems, …
Read More »15 banks adhere to the DTCC Post-Trade Blockchain while the project starts the tests
[ad_2][ad_1] The Depository Trust & Clearing Corporation (DTCC) advanced its main blockchain project in a test phase with 15 global banks, one of the last steps before taking the tech live. Announced today, Barclays based in the UK is among the global banks participating in the test, while the other …
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