kaal:claim:3411110-037

Development of blockchain based processes will take several years if not decades, so the most likely outcome is that legacy and blockchain based issuance, trading, and settlement systems coexist side by side for the foreseeable future.

Source quote, verbatim

will take several years if not decades, and so the most likely circumstance is that legacy and blockchain-based securities issuance, trading, settlement, and related systems and processes will have to co-exist side-by-side for the foreseeable future.

From

Wulf A. Kaal, Samuel Evans, Blockchain-Based Securities Offerings (2019), VI. Conclusion and Outlook, p. 30
https://ssrn.com/abstract=3411110 · source PDF

Cite as

Wulf A. Kaal, Samuel Evans, Blockchain-Based Securities Offerings (2019). SSRN: https://ssrn.com/abstract=3411110

Holds when

transition period for securities market infrastructure

Classification

predictivesupport: arguedinstitutional-design

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