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S2 Ep 5 - Commonwealth Finance Ministers at the IMF & the Future of Sovereign Debt
Manage episode 310092993 series 3048077
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BBFTA cofounder Dr Jane Thomason addressed this months meeting of Commonwealth Finance Ministers in Washington DC, presenting a paper on #Blockchain and Sovereign Debt. She discussed the potential and benefits including cutting out 10 intermediaries and moving Sovereign Debt transactions from 5 days to 5 seconds. Already the pilot has a secondary market created and boosted transparency and accessibility with a resultant reduction of risk - as smart contracts encode regulation to ensure rules are followed.
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