The buzz around the potential benefits of distributed ledger technology, commonly known as blockchain, has reached a fever pitch.  Global financial institutions and start-up companies have invested millions in developing new platforms. Distributed ledger technology may soon improve capital markets operations, reduce settlement risk and perform certain compliance obligations.  But, before the revolution begins, market participants should understand the technology’s inherent limitations.  Derivations recently published an article highlighting blockchain’s counterparty credit risk concerns, cybersecurity flaws and legal uncertainties.  As discussed in the article, blockchain is buzzworthy, but it will not kill the biggest risk categories.  Our article appears in the April – June 2017 issue of Risk & Compliance Magazine, a publication of Financier Worldwide.  Please click on the link to read the article: Blockchain Buzzkill: A Closer Look at Distributed Ledger Technology