R3’s Rutter: swaps will trade on blockchain in five years
Risk USA: Head of industry consortium says technology will be ready next year
The era of blockchain technology in the derivatives markets may be closer than many think.
Distributed ledgers will form the technological foundation for trading standardised interest rate swaps within five years, according to David Rutter, founder and chief executive officer of R3, which develops distributed ledgers and smart contracts for the financial industry.
"I think [distributed ledger technology] will start making a meaningful difference in five years, and ten years from now, when we
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