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Accenture hasestimated that the biggest investment banks could save $10bn by using blockchain technology to improve the efficiency of clearing and settlement. Richard Lumb, head of financial services at the consultancy, says: "The first place we will see it have an impact is clearing houses, such as Deutsche Brse, the Australian Stock Exchange and Depository Trust Clearing Corporation [DTCC]." He adds: "Today it is managed through a myriad of messages and manual reconciliation. There is a big opportunity for blockchain to seriously restructure that industry.".

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iPhone Cases