How Does the Immutability of a Blockchain Record Affect Options Contract Settlement?
Immutability ensures that once the terms of an options contract and its execution (e.g. exercise or expiration) are recorded, they cannot be retrospectively altered. This eliminates disputes over the final state of the contract and provides an auditable trail.
It enhances trust among counterparties by guaranteeing the integrity of the settlement data. This is crucial for regulatory compliance and auditability.