Using Blockchain To Settle Trades Could Alter Litigation

By Sujay Dave, George Oldfield and Ethan Moore (August 6, 2020, 5:49 PM EDT) -- Crypto startup company Paxos Trust LLC is piloting a blockchain-based approach for settling equity trades with the tacit endorsement of the U.S. Securities and Exchange Commission.[1] If successful, Paxos' approach has the potential to unseat the Depository Trust Clearing Corp. and permanently change how trade settlement works....

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