Blockchain, Payments, and the Risks in Settlement Systems

Banks exploring uses for blockchain technology are experimenting with capital markets applications to solve long-standing custody and settlement risk issues. But to support broader adoption, they’ll also need to advance blockchain-based payment solutions, panelists said at a recent RMA New York Chapter event. These developments could appeal to the wider banking community and reshape payment services.

Some of the world’s largest banks have already launched branded on-chain payment …