Within the third episode of our new season of Web3 Innovators, our host Conor Svensson is joined by Carlos Vivaus Augier, Director at The Depository Trust & Clearing Corporation (DTCC).
DTCC and its household of corporations function the premier post-trade market infrastructure within the business, advancing the automation, centralization, standardisation and streamlining of processes vital to the markets’ security and soundness.
Carlos has labored as a Blockchain advisor for Tier 1 and huge firms from Finance, Power, Well being and Retail industries. He was awarded 2nd place in a nationwide stage blockchain hackathon and he co-authored two Blockchain books with prime consultants from the area.
Episode highlights:
- How Carlos turned concerned within the area
- How these platforms combine with Ethereum
- The regulatory framework
- What goes on chain vs what stays off
- After we can count on the initiatives to ‘go stay’
- Carlos’ view on blockchains influence on the business
Key Takeaways:
“Given the position that DTCC performs out there as we did within the seventies with the general public capital markets, we might additionally assist speed up and introduce efficiencies within the personal capital markets as effectively.” – Carlos
“Our objective is that this platform is ready to assist a number of networks or function on a number of networks.” – Carlos
“So that is, I assume to some extent the primary time that you’d see customers have the chance to mint a safety to an Ethereum foremost internet so it might introduce efficiencies in secondary market the place traders who immediately maintain these securities of their wallets are in a position to instruct transactions immediately from their pockets on the blockchain.” – Carlos
“It is higher, as an enterprise with a extremely regulated surroundings, to be conservative on how we use it and the way we defend our purchasers and our customers.” – Carlos
“The necessary factor right here is that the problem shouldn’t be essentially the way you’re exchanging these property, it’s whether or not or not you are compliant with the foundations of that asset.” – Carlos
“What I like about the principle internet shouldn’t be the truth that it is a public blockchain, it is the truth that it is a widespread infrastructure that may very well be used and that it really works 100% uptime, proper because it began.” – Carlos
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