Blockchain technology and distributed ledger technology (Japan Exchange Group) could replace capital market infrastructure and will "bring a paradigm shift to the fifth generation" of IT evolution, according to a working paper published by DLT (JPX). Japan Exchange Group has the potential, it states, to transform capital market structure by encouraging new business development, improving operation efficiency, and reducing costs.
Blockchain technology and distributed ledger technology (DLT) could replace capital market infrastructure and will "bring a paradigm shift to the fifth generation" of IT evolution, according to a working paper published by Japan Exchange Group (JPX). DLT has the potential, it states, to transform capital market structure by encouraging new business development, improving operation efficiency, and reducing costs.