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