Thursday, May 2, 2019

Blockchain Will Revolutionize 300 Years of Stock Trading: London Stock Exchange

By CCN.com: The London Stock Exchange (LSE) is weighing the benefits of using blockchain technology for issuing stock and settling trades. In an interview with CNBC, the LSE chief executive Nikhil Rathi said he was inspired by early blockchain initiatives at other stock exchanges, and sees the benefit of distributed ledger technology: “You can certainly see distributed ledger technology having an application in the issuance process… I can see that technology being used in settlement too.” LSE, the world’s sixth-largest exchange, has been surprisingly open to blockchain technology. Earlier in 2019, the exchange led a $20 million investment round in

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source https://www.ccn.com/blockchain-revolutionize-300-years-stock-trading-london-stock-exchange

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