Global Custodian Securities@Sibos 2019 | Page 14

[ S I B O S PA N E L S | M A R K E T I N F R A S T R U C T U R E ] CSDs FORCED TO DEFEND THEIR EXISTENCE IN A DLT WORLD Joseph Lubin, founder of Consensys, describes CSDs as a “conceptual construct” that can take a decentralised form. 14 Securities@Sibos January 2019