TechFlow news, July 13: According to The Information, The Depository Trust & Clearing Corporation (DTCC) plans to demonstrate a real-time stock trade settlement process based on blockchain technology this Wednesday, focusing on verifying the feasibility of applying this technology in clearing, settlement, and record-keeping processes to enhance the operational efficiency of capital market infrastructure.
The market believes that this move represents significant progress in the traditional financial system's exploration of on-chain securities infrastructure, but the project is currently still in the small-scale verification stage and faces multiple challenges such as regulatory compliance, system compatibility, and market coordination before large-scale implementation.
