That is correct and good point. I am trying to start with overviews and not dive into too many nit picky details or distinctions yet. My overall objective is to immerse knowledgeable crypto currency enthusiasts with the realities of Wall street trading mechanics. I see too many posts on how blockchain will overtake the world when there is clearly a disconnect on how (un)receptive entrenched protocols and institutions will be to change. For example, while Ripple is the leading contender for industrial Wall Street use at the moment, the players want to privatize this to keep control. Many do not understand the WHY on topics like this.
RE: Blockchain in Fixed Income Markets (Part 1)