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Blockchain has potential to solve private market problems of efficiency and liquidity: panel

 Uma Devi

Uma Devi

Published Tue, May 17, 2022 · 09:38 AM
    • Blockchain technology could increase efficiency and reach of private markets, experts say.
    • Blockchain technology could increase efficiency and reach of private markets, experts say. Photo: Pixabay

    INTEGRATING blockchain technology into private markets could bring about greater efficiency and liquidity, the 2 key issues plaguing the booming space, speakers at a panel at the 4th Annual Security Token Summit said on Monday (May 16) in New York City. 

    At the panel, entitled Alternative Trading Systems: Opportunities and Challenges, speakers said interest in alternative markets has been rising rapidly over the past few years but its illiquid nature could be a cause for concern. 

    Douglas Borthwick, chief business officer of crypto and security tokens trading platform INX, said the parties involved therefore have to “start moving and pushing the envelope” to inject liquidity.

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