HQLAx and R3 make their move on a collateral blockchain: will this work?
HQLAx and R3 announced last week that they have tested a blockchain-based collateral trading system with a consortium of five banks. The press release revealed enough that with a little homework, we can see what they are up to and compare it to other projects like the DTCC/Digital Asset repo effort. The big question for HQLAx and R3 is, is there enough demand for this kind of trading platform to make it commercially successful? This content requires registration. Get access today by signing up here.