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Published on Oct 3, 2016
Blockchain
technology could change the financial industry faster than we think.
Several companies, including Credit Suisse (CSGN), announced the successful
first test of the technology in the syndicated loan market. 'The
syndicated loan market is particularly useful for application of
blockchain technology because it still operates on fax machines,'
explained Caitlin Long, president of Symbiot, which is one of the
companies that conducted the test.
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