Private markets slow to adopt tokenisation; still seeking clear use-case
Industry players disagree about the best applications for blockchain or distributed ledger technology, and many remain unconvinced of its benefits
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BLOCKCHAIN technology was expected to liberalise illiquid, disparate and chunky private-market assets by breaking them into digital tokens; but adoption has been slow.
Industry players disagree about the best applications for blockchain or distributed ledger technology (DLT); many also remain unconvinced of its benefits.
Danny Toe, chief executive of private markets exchange ADDX, is among DLT’s proponents; but he admits progress is wanting.
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