How Can a Consortium Blockchain Streamline the Secondary Market for Syndicated Loans?

A consortium blockchain can streamline the secondary market for syndicated loans by creating a single, immutable record of loan ownership and transfer. This eliminates the need for manual reconciliation between multiple parties' records, reducing settlement times from weeks to near-instantaneous.

Smart contracts can automate the transfer of ownership and the corresponding payment, ensuring that all parties are synchronized. This increased efficiency and transparency can improve liquidity in the secondary market, making it easier for lenders to buy and sell loan portions.