Resumen de Blockchain's three capital markets innovations explained

Lewis Cohen, Rinaudo Tyler, David Contreiras, Pamela Buxton

• The article discusses examples of how blockchain technology will practically affect the financial markets. Topics covered include blockchain's role as a distributed ledger technology that underlies cryptocurrencies such as bitcoin, potential applications to types of financial products such as commercial paper notes, derivative instruments, and asset-backed securities (ABS), and blockchain-based solutions using smart contracts to replicate legal agreements