Depository Trust & Clearing Corporation (DTCC)
From CryptoWiki
Basics
- Based in
- From Forbes Blockchain 50 (19-2-2020):
"Global securities warehouse DTCC will soon move its $10 trillion credit derivatives business to a blockchain. These derivatives represent some 50,000 accounts held by some of the largest financial institutions in the world. Previously each institution would keep its own record requiring continuous reconciliations and redundant efforts. DTCC’s new shared ledger will eliminate waste and paperwork."
Tech
Roadmap
Usage
Competition
Pros and Cons
Team, investors, Partnerships, etc.
Team
- Key Executive: Rob Palatnick, global head of technology research and innovation
- Jennifer Peve, managing director, business innovation