Distributed Ledger Tech Can Process U.S. Stock Volumes, says DTCC

Accenture cloud model scales to 100 million trades daily in study prototype

On October 16, 2018, the Depository Trust & Clearing Corporation (DTCC) reported that “distributed ledger technology (DLT) is capable of supporting average daily trading volumes in the US equity market of more than 100 million trades per day.” Based on a cooperative study by Accenture, Digital Asset and R3, the clearing and settlement service provider said that DLT can process daily trading volume at peak rates of 6,300 trades per second for five continuous hours. Past benchmarks were based on cryptocurrency blockchains that now operate at fewer than 100 trades per second.

Thursday, October 18, 2018/Author: Ed Blount/Number of views (6083)/Comments (0)/
Categories: AllCross-Post
Tags:
RSS
First57585960616263646566Last