Thanks for passing this along. I am working as an intern at one of the largest information intermediaries in the financial industry. My team deals directly with exchanges and I have been trying to put together a presentation that charts the past and future trajectory of the exchange industry as dictated by technological trends. The block chain plays an integral role in future development of the exchange ecosystem and I have already begun to do some analysis of how the trade workflow can be consolidated by the block chain.
Reading the proposal, it appears that institute or at least the author have very little understanding of the full breadth of alternative block chains that exist. They seem to be skeptical that the block chain can be used for trade execution and should be relegated to consolidating back office operations which is not at all true given the transaction processing and confirmation speeds of bitshares and hyperledger, which at present or at least in design can handle 200,000 and 500,000 tps, respectively.
If no one else from our community plans on writing a proposal I plan on doing so, even if only as an exercise for better understanding how this technology might be adopted in the future. I know that most within the crypto currency space are looking for mainstream adoption, but I think primarily that we will see adoption amongst the very corporation that we are trying to relieve ourselves from.
Basically this is an easy 15.000 Euros if you understand the technical constraints of the block chain, which most people that are fixated to bitcoin don't understand.