Blockchain in capital markets: revolution in waiting?
By Philip Middleton
In theory, many aspects of capital markets, including primary bond markets, ought to be crying out for a blockchain technology enabled transformation, but perversely the digital revolution fails to ignite. It would seem that the digital revolution, as far as capital markets and distributed ledger technology are concerned, has been postponed for the duration, pending further investigation and better-argued business cases. For obvious reasons, the public sector is not ready to surrender its authority to decentralised finance and blockchain quite yet.
Frequent borrowers set to lead digital transformation
By Lewis McLellan
Public sector borrowers have always been at the forefront of developments in the bond market. The digitalisation process is no exception. It may not be long before digital bonds expertise is a prerequisite for banks wishing to win business in the SSA market.
ON DEMAND
How can blockchain and new technologies support ESG?
Bénédicte Nolens, head of the BIS Innovation Hub Hong Kong, and Xiaochen Zhang, principal manager at Amazon Web Services, join Katie-Ann Wilson, head of policy analysis at OMFIF’s DMI, to explore how new technologies can help overcome the challenges facing green finance.
MEETINGS
Interoperability: Making CBDCs fully operational
Wednesday 27 April
Exploration of CBDC has accelerated, with 86% of central banks researching the technology. While consensus is emerging, much has yet to be explored, including the roles of intermediaries, fragmentation and interoperability.
Future of capital markets
Bankers, issuers and technology companies are scrambling to develop technology to overhaul how capital markets operate, a new report from OMFIF finds. The ‘Future of capital markets’ report also includes a survey of public sector funding teams on their plans for and expectations of digital assets.
