Many believe that blockchain technology is synonymous with
cryptocurrencies, such as bitcoin and ethereum. Yet, cryptocurrency
is just one of a multitude of applications of blockchain technology
and there are numerous industries, such as financial services and
transportation, which will also benefit from this emerging
technology.
Similar to artificial intelligence or AI, blockchain, or
"distributed ledger technology" as it is more formally
described, also has the potential to revolutionize aspects of the
financial services industry as seen through the emergence of a wide
range of FinTechs. One such area is structured finance where
blockchain technology can be utilized to reduce servicing and
reporting costs, create data-management efficiencies and increase
transaction transparency throughout the securitization process
– from asset origination to secondary market trading. This
article will explore some of the benefits that would be offered
from the application of
