Improving Efficiency and Trust in Financial Transactions with Blockchain Technology

The chapter discusses how blockchain technology can enhance trust and efficiency in financial transactions by providing a real-time source of truth for multiple stakeholders in the capital markets. It highlights the benefits of blockchain in reducing settlement risk, lowering reconciliation costs, and enabling real-time coordination of asset movements. The conversation also emphasizes the challenges of regulatory compliance in the blockchain space and the importance of working within existing frameworks to showcase the advantages of blockchain technology.