Moody’s Investors Service (MIS) recently released a detailed report that names 120 blockchain projects being explored by various companies. The bond credit rating business then offers 25 top use cases for blockchain technology.
The report, “Credit Strategy — Blockchain Technology: Robust, Cost-effective Applications Key to Unlocking Blockchain’s Potential Credit Benefits,” explores how blockchain tech potentially can improve record-keeping and transactional efficiencies across many different processes and industries.
A prime example is capital markets, where the technology could be used to eliminate the need for reconciling separate ledgers, synchronizing all transactions into one blockchain. The report also states that widespread adoption is still not here.
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