Innovation in the distributed general ledger field will increasingly play an important role in securities processing and financial transactions. We are already benefiting from these efforts as financial consumers through Zelle, Venmo and others. The institutional side of the global financial ecosystem is coming up to speed with numerous proof of concept efforts already underway at firms like The Depository Trust & Clearing Corporation (DTCC) and Vanguard. Great reporting by Sean Hanna and the team at CeFiWire.
