Tokenisation: Black is the new black

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Some clothes designers say that brown is the new black. Being environmentally aware is so fashionable these days that one may say green is the new black. For young people, others say that, politics is the new black. For the securities industry, arguably, tokenisation indicates that black may be the new black. But, asks ERI’s Alan Goodrich, what form does this new black take for market participants, their organisation structures and underlying technology platforms?

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