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A Reality Check for Blockchain in Commodity Trading
Report

A Reality Check for Blockchain in Commodity Trading


автоматическое преобразование текста в аудио
автоматическое преобразование текста в аудио

Editorial Rating

8

Qualities

  • Eye Opening
  • Overview
  • For Experts

Recommendation

Blockchain, the technology of the distributed ledger, continues to make inroads into numerous industries, especially the financial services sector. But as with any new innovation, blockchain presents both rewards and risks: Too many early adopters get swept up in the enthusiasm and focus solely on the benefits. Boston Consulting Group professionals Antti Belt and Steven Kok cut through the hype to examine blockchain’s pros and cons in the commodities trading business. Financial executives will find this a compelling and thought-provoking analysis.

Take-Aways

  • Many commodities trading professionals are seizing on blockchain as a means to create greater efficiencies in contract execution, deliver improved transparency, and promote enhanced coordination and standardization.
  • But stakeholders’ excitement about the technology may not fully take into account its pitfalls.
  • Blockchain could wipe out pricing irregularities but also profitable arbitrage opportunities.

About the Authors

Antti Belt and Steven Kok are Boston Consulting Group professionals.


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