Bloomberg Law
June 6, 2018, 5:42 PM UTC

Blockchain Comes to Asset-Backed Debt With First Bonds in Sight

Bonds backed by car loans and mortgages are the latest corner of finance poised to adopt technology commonly used for cryptocurrencies like Bitcoin.

Securitization specialists at law firms including Morgan, Lewis & Bockius LLP and DLA Piper say the first blockchain-based transactions could come as early as this year. Both companies are sending partners to discuss the role of so-called blockchain in a panel discussion on the issue at the annual Global ABS conference in Barcelona on Wednesday.

“There’s a lot of hype about blockchain, but I am working on actual deals right now,” said Matthew Duncan, a partner and head of ...

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