Podcast - American Banker

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Executives from Deutsche Bank and Royal Bank of Canada share their early learnings about distributed ledger technology at American Banker's Blockchains + Digital Currencies conference in July.

From Podcast - American Banker

It was interesting to hear a former Morgan Stanley banker put forward the same use case for shared ledger as I had done earlier this year, which is to with ambient accountability in custodian services.

Transparency isn’t the only emergent property of SLT, of course. It also connects with the “single source of truth” without the need for a single point of failure. Goldman Sachs, for example, have spoken about this… Who might benefit from shifting to this sort of technology? Well, Goldman Sachs might. They’ve just been fined for some problems to do with the transparency of securities holdings.

From You can’t handle the (single) truth | Consult Hyperion

To my mind, this class of application of shared ledger technologies (SLTs) makes far more sense than the shared spreadsheet alternatives I often hear proposed.

Incidentally, while it’s not the subject of this podcast, I wasn’t sure about the former Morgan Stanley banker’s enthusiasm for using Bitcoin to bypass international anti-money laundering regulation.

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