Hacker News new | past | comments | ask | show | jobs | submit login

> the root cause of friction in fixed income trading: the lack of direct origination and data quality across market participants. By leveraging a permissioned network,

Blockchain has nothing to do with "data quality across market participants". Bad data entered into blockchain remains bad data.




hence origination - bad data can be fixed. try calling 30 different vendors and rely on downloading the file to run the M2M night-cycle


Basically, you're lacking a platform that brings all those things together.

What blockchains may give you is a slow append-only log, which is a very minor part of that platform. And making everyone move to that platform is a much bigger challenge :)


that's been the journey - but signed the biggest market and about to launch the brokered CD market

Speed or throughput is not a challenge for origination - no one is mining a Bitcoin here!




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: