Anshuman Jaswal
There have been several notable developments with regard to experiments and adoption of Blockchain and distributed ledger technology in the leading capital markets globally. However, the signficance of this particular announcement lies in the fact that it tries to address the needs of the a sector that usually struggles to obtain easy access to the capital markets. If successful, such a project could drastically reduce the time taken for post-trade operations, slash costs and generally make it easier for SMEs to raise funds.
In a recent Celent report, we had found that most of the leading global post-trade providers believed that it was still a little early to expect major changes due to Blockchain technology. While this may be true, the current development would be of a lot of interest to the emerging markets around the world. In several such countries, the cost of accessing capital markets is comparatively high and the technology is also often found lagging, as in the case of European SMEs. If the French effort becomes successful, it could pave the way for application of Blockchain technology to specific tasks in emerging markets, not just to enable SMEs to raise capital better, but to help the overall market to leapfrog in terms of modernizing the market infrastructure.
Regulators and market participants in emerging markets should now see Blockchain and distributed ledger technology as a relevant means for streamlining their trading infrastructure. To that end, it is also important that they encourage firms within their jurisdiction to experiment and adopt such technology for specific local applications and requirements, and not just wait to see how it evolves in mature markets in the next few years.
About Anshuman Jaswal
Dr. Anshuman Jaswal is a Senior Analyst in Celent’s Securities & Investments practice. He has written more than 100 reports on a variety of topics in the capital markets including derivatives, electronic trading, market infrastructure and regulation, and commodity markets.
Original link
http://wealthandcapitalmarketsblog.celent.com/2016/06/23/french-effort-to-use-blockchain-for-smes-could-have-relevance-for-emerging-markets/
In a recent Celent report, we had found that most of the leading global post-trade providers believed that it was still a little early to expect major changes due to Blockchain technology. While this may be true, the current development would be of a lot of interest to the emerging markets around the world. In several such countries, the cost of accessing capital markets is comparatively high and the technology is also often found lagging, as in the case of European SMEs. If the French effort becomes successful, it could pave the way for application of Blockchain technology to specific tasks in emerging markets, not just to enable SMEs to raise capital better, but to help the overall market to leapfrog in terms of modernizing the market infrastructure.
Regulators and market participants in emerging markets should now see Blockchain and distributed ledger technology as a relevant means for streamlining their trading infrastructure. To that end, it is also important that they encourage firms within their jurisdiction to experiment and adopt such technology for specific local applications and requirements, and not just wait to see how it evolves in mature markets in the next few years.
About Anshuman Jaswal
Dr. Anshuman Jaswal is a Senior Analyst in Celent’s Securities & Investments practice. He has written more than 100 reports on a variety of topics in the capital markets including derivatives, electronic trading, market infrastructure and regulation, and commodity markets.
Original link
http://wealthandcapitalmarketsblog.celent.com/2016/06/23/french-effort-to-use-blockchain-for-smes-could-have-relevance-for-emerging-markets/
Retrouvez tous les articles dédiés blockchain & distributed ledger technology dans votre nouveau quotidien Blockchain Daily News
Participez aux prochaines conférences Blockchain éditées par Finyear Group :
Blockchain Vision #5 + Blockchain Pitch Day #2 (20 septembre 2016)
Blockchain Hackathon #1 (fin 2016).
Participez aux prochaines conférences Blockchain éditées par Finyear Group :
Blockchain Vision #5 + Blockchain Pitch Day #2 (20 septembre 2016)
Blockchain Hackathon #1 (fin 2016).
Les médias du groupe Finyear
Lisez gratuitement :
Le quotidien Finyear :
- Finyear Quotidien
La newsletter quotidienne :
- Finyear Newsletter
Recevez chaque matin par mail la newsletter Finyear, une sélection quotidienne des meilleures infos et expertises en Finance innovation, Blockchain révolution & Digital transformation.
Les 6 lettres mensuelles digitales :
- Le Directeur Financier
- Le Trésorier
- Le Credit Manager
- The Chief FinTech Officer
- The Chief Blockchain Officer
- The Chief Digital Officer
Le magazine trimestriel digital :
- Finyear Magazine
Un seul formulaire d'abonnement pour recevoir un avis de publication pour une ou plusieurs lettres
Le quotidien Finyear :
- Finyear Quotidien
La newsletter quotidienne :
- Finyear Newsletter
Recevez chaque matin par mail la newsletter Finyear, une sélection quotidienne des meilleures infos et expertises en Finance innovation, Blockchain révolution & Digital transformation.
Les 6 lettres mensuelles digitales :
- Le Directeur Financier
- Le Trésorier
- Le Credit Manager
- The Chief FinTech Officer
- The Chief Blockchain Officer
- The Chief Digital Officer
Le magazine trimestriel digital :
- Finyear Magazine
Un seul formulaire d'abonnement pour recevoir un avis de publication pour une ou plusieurs lettres