Response to ESMA/2016/773: 'The Distributed Ledger Technology Applied to Securities Markets'

Response to ESMA/2016/773: 'The Distributed Ledger Technology Applied to Securities Markets'

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Response to ESMA/2016/773: 'The Distributed Ledger Technology Applied to Securities Markets'

Distributed Ledger Technology (DLT) is in a very early stage of development. Sometimes confused with the blockchain technology underlying bitcoin, it is supposed to be its evolution designed to avoid the architectural choices that make bitcoin and blockchain unsuitable for securities settlement and financial applications.

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