BLOCKCHAIN - TRADING, BANKING & FINANCE
Credit: coindesk
As an advocate of Blockchain Technology and the much need application to the Global Financial Markets and Banking Infrastructure, I am constantly on the lookout for great articles to share.
Earlier I came across this short article that I thought I would share with you.
This is a great article and credit to Coindesk for the content of the article.
https://www.coindesk.com/nasdaq-inks-blockchain-trading-deal-swiss-stock-exchange/
Credit: coindesk
Credit: coindesk
Once again this is a great piece and credit to Coindesk for the content of the article.
For the ones unfamiliar with Six Swiss Exchange this is an interesting publication from last year titled: "Blockchain won’t wreck the financial industry.”
https://www.six-group.com/dam/about/downloads/publications/red/2016/red-20160902-en.pdf
The application of Blockchain Technology to an antiquated and archaic Global Banking & Finance System will unlock much needed liquidity that is starving Global Trade & Finance.
Something I have been banging on now for over four years and which is now reaching critical levels.
It is this starvation of liquidity that has the potential to bring the Global Banking and Finance to its knees unless the adoption is made without delay.
Will Blockchain Technology reshape Global Banking, Finance and Trade?
Absolutely, 100%, without any shadow of doubt.
Thanks for reading.
Stephen