A Spelunk of the Steampunk Settlement Report by Greenwich Associates

Kenneth Monahan of Greenwich Associates, in his Steampunk Settlement report explored the deluged cave of Distributed Ledger Technology (DLT) clearance, and settlement with a financing and accounting perspective. Kenneth’s report was a thorough summary of the history of accounting, finance and debt settlement; an evolution of how that lead to the current day market practices and the projection of how distributed ledger technology may affect the future of financing clearance and settlement.The conclusion of the report was that [the subterranean impassable wall of] trade pre-funding prevents [the underground and valuable vault of] real-time gross settlement to be made possible.