Distributed ledger technology DLT has the potential to enhance and reorder the infrastructure of capital markets to create greater efficiency, reduce costs and lower risks. But key challenges around interoperability, privacy and regulation, remain to be addressed before the mass adoption of these new solutions, experts told the audience at last week’s Hong Kong FinTech Week.
Speaking on a panel titled, Embracing Innovation in Capital Markets’ which was moderated by FinanceAsia, Vivien Khoo, chair and co-founder of industry association for virtual assets, Asia Crypto Alliance, said that DLT can help provide a single source of truth, allowing players in the industry to cut across existing market structures...