London Stock Exchange CEO: Blockchain technology can be used in processes such as issuing securities and settlement transactions

Nikhil Rathi, chief executive of the London Stock Exchange (LSE), said in an interview with CNBC that blockchain technology can be used in processes such as issuing securities and settlement transactions. But it also said that while supporting competition and innovation in the capital market business, some "extreme performance" in the field of encryption still requires "a bit of caution." The London Stock Exchange said it has been testing Nivaura's stock issuance, admissions and transactions in the regulatory “sandbox” but has not commented on whether the test will eventually be deployed in a real market environment.