Blockchain for securities lending is a great idea with a big problem (Premium)

Coindesk ran an interesting article showing two opposing views on the use of blockchain for securities lending at State Street. Nick Delikaris, head of global trading and algorithmic strategies, supports the blockchain concept and thinks that it could be transformative for the industry. On the other hand, Doug Brown, head of alternative financing solutions, was more circumspect. We tend to agree with Doug; blockchain supporters still need to fix a big hole in the business model.
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