How Lenders Are Leveraging Small Private Blockchains in Mortgages

While the industry awaits the day when blockchain-based mortgages become commonly used, players in it are increasingly finding ways to set up and use the shared, immutable databases on their own.

“Everybody thinks, well, I’ll implement when the top five banks do, and the top five banks are saying, well, there’s not enough juice in this for us too,” said Souren Sarkar, president and co-founder of fintech and outsourcing firm Nexval.