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Demystifying Blockchain - Cognizant

Demystifying BLOCKCHAIN2 SETTING THE CONTEXTAmid unprecedented industry hype, the unique combination of technologies known as Blockchain has emerged as a possible antidote to one of today s most vexing online business challenges how to create greater trust, transparency and accountability for all who wish to transact and interact the fact that the technology isn t quite ready for prime time, Blockchain is consuming strategic planning cycles of decision makers across its essence, Blockchain is a decentralized software mechanism that enables a public distributed ledger system.

5 Securities Brokerage: Trade Settlement Trade settlement processes typ-ically require two to three days for payments and securities to change hands.4 A decentralized trade settlement platform could

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