Will blockchain replace clearinghouses? A case of DVP post-trade settlement
8 min readDec 16, 2020
Authors: Philipp Sandner, Jonas Gross, Ilia Drozdov
This article sheds light on the application of blockchain technology to the existing financial market infrastructure, namely to post-trade settlement. We show how blockchain technology can facilitate trustless delivery vs. payment (DVP) settlement without any intermediary. Moving settlement processes entirely on decentral technologies makes the settlement process more efficient since it decreases the associated transaction costs and reduces involved…