Nex Optimisation Launches Post-Trade Platform

The video discusses the integration of blockchain technology in financial services, focusing on its use as a post-trade ledger. It highlights the shift towards cloud technology, driven by regulatory compliance and cost pressures. The video also addresses the challenges of implementing blockchain in finance, such as legal sensitivities and the need for encryption and permissioning. A hub and spoke model is used for data distribution, allowing clients to control data access. The approach differs from traditional blockchain use in cryptocurrencies, emphasizing secure and regulated data management.

What are the advantages of using blockchain technology in financial services?

How does the use of cloud technology impact financial institutions according to the text?

What is the significance of independent miners in the context of blockchain?

Explain the hub and spoke model mentioned in the text regarding blockchain data distribution.

What is the role of regulators in the blockchain ecosystem as described in the text?