A blockchain is a growing list of records, called blocks, linked together by unbreakable cryptography. Among its many applications, this technology is used to underpin financial products and services including digital currencies such as Bitcoin and Litecoin. The revolutionary potential of blockchain technology has been compared to that of the internet in the 90s. Like the internet, Blockchains have the power to drive dramatic institutional efficiency gains, save billions through reduced operational, financial, legal and governance costs, create widespread process redundancy, greatly reduce counterparty and market risk and reshape the architecture of the financial market.[…]