Wall Street’s Settling House Points Industry toward the Bitcoin Blockchain
The Depository Trust & Clearing Corporation (DTCC), the post-trade clearing and settlement service that powers every single trade in the $22 trillion U.S. stock market has called for an industry-wide collaboration to adopt blockchain technology. A new white paper issued by the DTCC has called for a coordinated effort among the financial industry to realize a “once-in-a-generation opportunity” to modernize and empower its infrastructure with blockchain innovation, the technology that powers the cryptocurrency Bitcoin. The white paper notes that while today’s systems used by financial....
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Wall Street’s clearing and settlement house, the Depository Trust & Clearing Corporation (DTCC) has, in recent times, increasingly made rapid strides in blockchain research and investment into the innovation. Blockchain technology is fast being touted as the oncoming evolutionary leap to boost the financial industry. Stock exchanges like the Australian Securities Exchange (ASX) have gone beyond merely researching the technology, by running trials and a prolonged testing period which sees Australia’s biggest stock exchange use blockchain-based solutions for post-trade events. Wall....
Il CEO della società di gestione degli investimenti VanEck, Jan van Eck, ha dichiarato ieri a Fox Business che Ethereum (ETH) è a tutti gli effetti “il token di Wall Street”. Le sue parole arrivano mentre ETH si avvicina a un nuovo massimo storico (ATH), attirando nuovamente l’attenzione di investitori retail e istituzionali. Ethereum, essenziale […]
Bitwise’s CEO, Matt Hougan, believes that ‘Solana is the new Wall Street’, as the ecosystem is quickly becoming the investor-favorite for tokenization and stablecoin-related activity. The statement came during a discussion with Akshay Rajan from Solana Labs, during which Hougan also said that: And then they (people) wanna ask how they invest. […] And when […]
Blythe Masters’s new Blockchain startup is set to receive huge investment from Wall Street in 2016. What could this really mean for the Blockchain technology and how much impact is this going to have on the Bitcoin market? There has been quite a lot of excitement within the Bitcoin environment coming into the new year as the news of Wall Street investment in Blockchain broke. The cyberspace has buzzed with various speculations on how much impact this move could have on Bitcoin. Cointelegraph sought expert opinions for a clearer understanding of what exactly it is that Blythe and her....
Solana has drawn fresh praise from one corner of the crypto world this week, with a senior asset manager saying the chain could become Wall Street’s go-to network for stablecoins and tokenized real-world assets. The comment comes as market participants weigh speed and settlement features alongside raw on-chain dollar totals. Related Reading: Big Move: Ethereum […]