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ARTICLE · 24 NOVEMBER 2016

Leveraging The Blockchain To Provide An Unalterable, Distributed Ledger For Transactions, Supply Chains And Other Corporate Processes

On Monday, November 14, 2016, the Securities and Exchange Commission (SEC) hosted a forum to discuss financial technology (FinTech) innovation in the financial services industry.

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On Monday, November 14, 2016, the Securities and Exchange Commission (SEC) hosted a forum to discuss financial technology (FinTech) innovation in the financial services industry. The summit discussed several topics, but the second panel, titled "Impact of Recent Innovation on Trading, Settlement, and Clearance Activities," specifically addressed blockchain-enabled distributed ledger technology and its applicability in corporate environments. The panel provided an opportunity for the SEC to highlight blockchain's potential for assisting companies in meeting compliance requirements, cutting costs with respect to record keeping and tracking assets, and disintermediating transactions.

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