A recently published article reveals intentions by a major software vendor in the syndicated loan space to bring crowd-funding to the commercial loan market.
In a very brief article in CoinDesk.com, dated December 29th, 2016, Wayne Vaughan poses the seldom-asked question of who actually pays for a blockchain solution.
The client desired to understand tactical and strategic internal goals for integration of distributed ledger into an existing technology stack, as well as understand immediate and future impact to business processes.
As a technology that has been fighting a reputation with naysayers as a ‘solution looking for a problem,’ it’s nice to see blockchain utilized in demonstrable use cases.
To enhance efficiency around the cash movement process for transactions serviced within the client’s system of record, a vendor enhancement was implemented. The enhancement created the need to examine and modify processes and procedures.