Can Blockchain Change the Reconciliation Game?
Blockchain may remove the need for post-trade activities like reconciliation but it is still a long way from being complete.
In the animated series The Jetsons, we see a family of the future going about their daily lives. The daughter holds up a remote-control-like device and her clothes magically change, they have a robot maid, and the dad sits in front of a computer and pushes one button to do his job. Nearly every bit of the Jetsons’ lives is automated, and, as the cartoon would have us believe, it was Utopia.
Automation is so common in science fiction that consumers today expect those futuristic tools to bleed
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