ICO Today Magazine News
"Today's financial markets are characterised by major inefficiencies: Outdated technologies and a large number of intermediaries are involved in processing products and ensuring that regulatory requirements are met. While such complex and resource consuming structures are used, transparency of financial products and investment banking activity still do not meet the expectations of the market. BlockState develops infrastructure products that solve all three of these issues. Using Distributed Ledger Technology, many of the processes can be automated legacy technologies can be replaced, while still ensuring a very high level of trust. BlockState's modular infrastructure approach covers several building blocks in the financial markets like risk and compliance, issuance, custodians, calculation agents or settlement and clearing. BlockState acts as a technology facilitator enabling financial institutions to offer products and services much more efficiently and transparently to enable access to a much broader group of investors of all types and ensure compliance with high regulatory standards."