Global Debt Registry (GDR) has joined The Wall Street Blockchain Alliance (WSBA). This follows GDRs recent Blockchain proof of concept ( POC) announcement. GDR says joining WSBA reinforces GDR’s leading role in bringing the power of blockchain to the online lending space.
GDR is a Fintech company that provides asset certainty solutions for institutional investors and warehouse lenders in the credit markets. GDR’s tools help both investors and warehouse lenders better manage risks associated with lending facilities and enables lenders to attract more permanent capital.
“Blockchain is a highly innovative, promising technology reshaping the financial services industry,” said Charlie Moore, President, GDR. “GDR is excited about collaborating with other expert technologists and business leaders in WSBA as we usher in the next generation of financial services risk infrastructure. With GDR’s expertise in providing asset certainty solutions across various investment markets, we look forward to collaborating with our fellow WSBA members to thoughtfully and intelligently promote the progress of blockchain.”
WSBA is an industry leading non-profit trade association created for financial market professionals, by financial market professionals. The Alliance has been at the forefront of the debate swirling around the structure of Initial Coin Offerings (ICOs). The Alliance engages market participants, regulators, policymakers and technology innovators to advocate the adoption of blockchain’s distributed ledger technology.
“GDR’s participation in WSBA reaches far beyond just having a seat at the table,” said Ron Quaranta, Chairman, WSBA. “GDR’s extensive network of partners, along with their award-winning innovations, has widely applicable implications for all blockchain visionaries. A primary function of the WSBA is to serve as a steward for the education and engagement of the association’s members, and we’re very much looking forward to GDR’s contributions in driving that vision forward.”