Why Stock Markets Love Blockchain

Why Stock Markets Love Blockchain

The German central bank Deutsche Bundesbank and Deutsche Börse are working together on a Blockchain prototype which will allow for functionality for the settlement of securities in a delivery-versus-payment mode for centrally-issued digital coins. This is yet more proof that markets are in love with Blockchain technology. The system will also be able to transfer digital coins or digital securities alone, and will also be capable of settling basic corporate actions such as coupon payments on securities and the redemption of maturing securities. Germans are willing to give Blockchain a try.....


Related News

Stock Guru Jim Cramer Thinks Crypto Crash Will Benefit Stock Markets

Jim Cramer, otherwise known as the ‘stock guru,’ has weighed in how the latest cryptocurrency market correction can affect the stock markets. Cramer thinks this contingency will benefit stock markets, with some investors taking profit and moving them to less volatile, less transient investments. But some volatile stocks also felt the correction in crypto, now that some tech shares are more correlated than ever. Jim Cramer Thinks Crypto Correction Will Benefit Stock Markets Jim Cramer, the host of CNBC’s Mad Money, and one of the most recognizable stock gurus stated the....

Bitnation Introduces Smart Love, a Blockchain Marriage Application

Bitnation is a decentralized, blockchain-powered nation driven by technology. As part of its commitment to freedom, it recently pledged to create Smart Love, a blockchain powered marriage service. Smart Love will feature during the EtherCamp hackathon, starting November 17. Smart Love Crucial to Bitnation’s Polylegal Platform. The borderless voluntary....

Sydney Stock Exchange to Implement Blockchain Tech With Bit Trade Labs

Sydney Stock Exchange has recently announced that it will be implementing blockchain technology for its equities market settlement and registration system. The new system will be developed and implemented in collaboration with Bit Trade Labs, a blockchain and distributed ledger based solutions company. Expected to go live by early 2018, the latest development was announced at the Practical Blockchains forum, operated jointly by Sydney Stock Exchange, Bit Trade Labs and the Australian Digital Currency Commerce Association. The solution developed jointly by Bit Trade Labs and Sydney Stock....

Myanmar Could See Blockchain Powering its Stock Trading Markets

A prominent Japanese investment banking brokerage will negotiate with the Myanmar government to introduce blockchain technology in payments for stock trading in the country. A report by Asian publication Nikkei reveals that the Daiwa Securities Group will help adopt blockchain technology for stock trading in Myanmar (formerly Burma) with an aim to implement a blockchain-based trading infrastructure for practical use within the next two years. The distributed ledger platform will be devised to connect the Yangon Stock Exchange (YSX) – the country’s first and foremost stock exchange- and....

Bitcoin Your Valentine, (Crypto) Love Is All You Need

You want your romantic feelings for Bitcoin to be mutual? Why not celebrate Valentine’s Day reflecting on whether Bitcoin actually loves you back? Your love for Bitcoin is reflected in Bitcoin price. But did you know that the larger the adoption is, the higher the value? Bitcoin is not universally loved yet, but its beauty is attracting many across the globe and influences all aspects of human development. Yours, Bitcoin xoxo. Hesham Rehman, CEO & co-founder of Bitxoxo.com, describes the Bitcoin love by merchants and retailers worldwide as a huge phenomenon. According to Rehman, there....