Call us on 020 7183 2277 Download LATEST Market Rates >

Blockchain Gilts article with Pennington Manches Coopers

Mayad Rassam of Vedanta Hedging writes with Charlotte Hill from Penningtons solicitors about the innovation of Digital blockchain technology for the UK Government borrowing market (Gilts).

The UK government’s initiative to leverage blockchain for gilt issuance marks a transformative step forward. This approach aims to harness blockchain’s transparency, security, and efficiency to modernise the gilt issuance process. Moreover, it allows the newly established Digital Securities Sandbox to become a more prominent platform in advancing the City towards other international financial centres that are embracing digital assets.

In this article, we take a closer look at the context within which blockchain technology will bring gilts into the 21st century, together with some of the legal and regulatory considerations for early adopters.

 

Blockchain gilts article final