In the News

Fonté and Owens Blog Post Republished by Asset Finance International

October 29, 2018

A recent Dykema blog post was picked up by Asset Finance International under the title “How Auto Finance Lenders Stand To Gain From Blockchain Technology.”

Co-authored by Erin F. Fonté; Austin-based leader of Dykema’s Financial Services Regulatory and Compliance group, as well as its FinTech, Payments and Digital Commerce group, and co-leader of the firm’s Privacy and Data Security Practice Group; and Kyle A. Owens, Dallas-based senior counsel in the Firm’s Financial Services Litigation practice group, the Dykema NextGen Financial Services blog post is titled “Brave New Wheels? Potential Uses for Blockchain Technology in Auto Finance.”

Fonté and Owens foresee an exciting new era of commercial possibilities thanks to blockchain technology, and employ the automotive trade sector to illustrate potential advantages and opportunities: Via protected access to cyber ledgers, activities such as underwriting, credit checks, dealer inventory, leasing, titling, registration, repair records, and repossessions could be streamlined and expedited.

Click here to read the full Asset Finance International republication, or click here to read the original NextGen Financial Services blog post.