permissioned-blockchain
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The $6 Trillion Blockchain You Have Never Heard Of
It does not run a token you can buy on Coinbase. It runs the ledger under $6 trillion of tokenized assets - and Wall Street's biggest names are the ones building on it.
Forest Park Group
Forest Park Group is a San Mateo, California fintech building LoanOS, a private, permissioned blockchain platform that shrinks syndicated loan settlement from weeks to as little as T+1. Founded in 2019 by syndicated-loan veterans and distributed-computing engineers, the company targets the roughly 30,000 participants in the leveraged loan market, where deals routinely take 25+ days to settle and $92 billion in delayed-settlement exposure sits idle. By automating loan data flows through smart contracts and API-driven interfaces, LoanOS aims to make an illiquid, email-and-spreadsheet market behave more like a liquid one.
John Doherty
John 'Jack' Doherty is the Co-Founder and CEO of Forest Park Group, a San Mateo-based fintech building LoanOS - a permissioned blockchain settlement platform targeting the $1 trillion-plus syndicated loan market. With a Mathematical Economics degree from the University of Pennsylvania and stints in CLO credit research at Pretium Partners, he founded Forest Park in April 2019 to attack one of Wall Street's most persistent inefficiencies: syndicated loan settlement times averaging 23 days in North America and 6+ weeks in Europe. The company raised a $1.2M seed round in 2021 from EvoNexus and Advanced Blockchain AG, and its technology promises to compress settlement from T+21 to T+1, potentially increasing syndicate sizes by 25% and cutting credit costs by 4%.