“Right now, you've got three days between a trade and a settlement, with hundreds of millions in settlement risk tied up in that time. That all goes away in a blockchain system because you've reunited the trade with the settlement. They're not two separate processes.”

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About Patrick M. Byrne

Patrick M. Byrne is quoted here; further biographical details are not publicly available.

More from Patrick M. Byrne (29 quotes) →
"Right now, you've got three days between a trade and a settlement, wi…" — Patrick M. Byrne | Daily Quotes