Former OCC Acting Administrator: Blockchain is a powerful solution for recording and securitizing mortgages
During the Washington Fintech Cycle, former Acting Comptroller of the Currency (OCC) Brian Brooks stated that blockchain is a powerful solution for recording and securitizing mortgage loans. He believes that blockchain can serve as the ultimate mortgage registry, reducing costs and providing tokenized mortgage-backed securities (MBS) support for a wider range of investors, ultimately improving liquidity. Brooks believes the biggest risk is adoption being slow and states, "To me, blockchain feels a lot like the emergence of smartphones, or the emergence of commercial internet, or even the emergence of CD players, which were seen as risky, and we have to overcome that."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn
- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.
OPEN has dropped by 189.51% within 24 hours during a significant market pullback
- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.
New spot margin trading pair — LINEA/USDT!
Bitget Live Trading Competition: Share 20,000+ USDT Prize Pool
Trending news
MoreCrypto prices
More
