Blockchain, Brexit and Libor

The week on Risk.net, May 13–19, 2016

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BLOCKCHAIN showing promise in trials

BREXIT political risks delaying reform

LIBOR still too important to swaps market

 

COMMENTARY: Blockchain's baby steps

Bitcoin's architects (still anonymous) had hoped to revolutionise the world of currency by replacing conventional money with anonymous transactions registered using blockchain technology. This hasn't happened, but there are signs that, in the more specialised area of securities dealing, the underlying blockchain technology could produce real