Depository Trust & Clearing Corporation (DTCC)

From CryptoWiki

Basics

"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 

Investors

Partners