Blockchain Could Boost Covered Bonds, but Adoption Faces Major Hurdles: Moody's

Description

Blockchain technology promises to streamline the issuance and management of covered bonds, but its adoption remains hindered by legal, technical and regulatory barriers, according to a recent report by Moody’s Ratings. The ratings company's report highlights blockchain’s potential to enhance operational efficiency and transparency in the covered-bond market. By deploying smart contracts, issuers could automate tasks such as asset substitution, while real-time transaction data could improve inves...