Colombian Stock Exchange to use blockchain for OTC derivatives trading

Colombian Stock Exchange to use blockchain for OTC derivatives trading

The use of blockchain technology in Latin American stock markets is expanding. The Colombian Stock Exchange announced it is joining the Consorcio Colibrí, a private initiative that promotes the adoption of blockchain technology within the finance industry.As Cointelegraph Español reported on Nov. 18, Consorcio Colibrí was formed by major financial institutions such as Bancolombia, BBVA, Santander Caceis Colombia, Deceval, Contrato Marco, Porvenir and Skandia, among others.Via a partnership with member firm Contrato Marco, the CSE will use the Colibrí platform's blockchain tech to improve....


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