Wall Street Shifts Focus From Blockchain Infrastructure to Crypto Assets

Wall Street has been keeping a close eye on the evolution of distributed ledger technology in recent years. The Wall Street Blockchain Alliance, launched in 2015, announced a certification program. The primary goal is attracting Distributed Ledger Technology developers. Education is an important aspect of blockchain technology. While the possibilities of....

Wall Street has been embracing the latest wave of Silicon Valley financial tech at a fast rate. Over the past several months, many Wall Street Financial companies have embraced the new wave fintech enterprises with remarkable speed. The blockchain an online ledger that tracks the movement of digital currency, but it can also be used to manage, register and secure anything else that has value. Wall Street companies seem to have seen the true potential of the blockchain technology and many are now rushing to invest and develop new applications with this new technology. Jamie Dimon, JP Morgan....

Wall Street Chads is the first NFT project to create a decentralized community-run investment platform. Inspired by WallStreetBets, the infamous subreddit community which is credited for the meme-investing craze and coordinating one of the largest short squeezes in history, Wall Street Chads leverages the power of the blockchain to bring the same community-driven investment strategies […]

Coinsetter has launched Project High Line, a blockchain-based technology that it claims will improve Wall Street's "outdated" trading system. The New York-based firm says that the project will help to attain a "stark transparency", replacing Wall Street's current settlement rails with a traceable blockchain-based peer-to-peer (P2P) system, giving market participants further control of their assets. The High Line Project's "On-Blockchain Settlement" will also enable clients trading on the exchange to view their funds on the blockchain in near real time, without the need for an intermediary.....

A new survey suggests that many finance professionals see a bright future for blockchain technology - just not one involving bitcoin. Greenwich Associates, a market intelligence firm, recently released its "Distributed Ledgers in Capital Markets: Answering the Big Questions" survey, which follows previous publications that focus on quantifying Wall Street's growing relationship with bitcoin and blockchain technology. When asked whether Wall Street legal and compliance professionals will trust asset transfers that occur via a blockchain. Thirty-two percent indicated that they believe this....