Read more about Nasdaq activities in Blockchain here

Blog – Latest News.

Do traditional exchanges see Blockchain as an opportuni


8th December 2017/ in Blockchain

Cryptocurrency, Ethereum, financial service, Financial Technology, FinTech, News, smart contract, smart contracts / by hanifnezhad Distributed ledgers technology also known as Blockchain, offers a new way to data management and sharing that is being used to propose solving many inefficiencies affecting the financial industry.
Technology experts, Fintech start-ups, banks and market infrastructure providers are working on underlying technologies and its potential use in the industry.
However the journey of such transformation may take long.
In this post we will focus on the benefits and architectural changes Blockchain could bring to capital market, and some example from such appliances across exchanges around the world.
The potential benefits of Blockchain technologies could cover different process within different stages in capital markets.
In order to expose why capital markets would pursue to Blockchain technologies its worth taking a look at the benefits across pre-trade, trade, post-trade and security servicing.
Pre-trade: Blockchain technology will establish more transparency on verification of holdings.
Additionally it reduces the credit exposure and making Know-your-customer way simpler.
Trade: For this stage.

Blockchain technologies provide a more secure

real-time transaction matching and a prompt irrevocable settlement.
Blockchain could also help automating the reporting and more transparent supervision for market authorities, we could add higher standards for anti-money laundering.
Post-trade: In this regard it eliminates the demand for central clearing for real time cash transactions, reducing collateral requirements .

Blockchain technology enables quicker novation and effective post-trade processing

Securities and custody servicing: Distributed asset ledgers with flat accounting structures could remove some of the role which custodians and sub-custodians play today.
Custodians’ function might change to that of a ‘keeper of the keys’, managing holdings data and ensuring automatic securities servicing operations are done correctly.
To that end we could also add advantages such as common reference data, simplification of fun servicing, accounting, allocation and administration.
Nasdaq has become the forefront of blockchain revolution, they have and are currently involved with many blockchain jobs.
To name these endeavors, it started with Nasdaq Linq blockchain ledger technology.
Linq is the primary platform in a recognized financial services firm to show how asset trading could be managed digitally through the usage of blockchain-based platforms.
Nasdaq has continued more to blockchain, showing that, it is working to develop a trial utilizing the Nasdaq OMX Tallinn Stock Exchange in Estonia which will discover blockchain technology being used as a way to reduce obstacles preventing investors by engaging in shareholder voting.
The intention is to boost efficiency in the processing of purchases and sales of fund units and also to make a device ledger — a place which currently is primarily characterized by manual patterns, longterm cycles and newspaper driven processes.
Read more about Nasdaq activities in Blockchain here.
London Stock Exchange developed to simplify the tracking and management of shareholding information, the new system plans to make a distributed shared registry comprising a list of all shareholder trades, helping to open up new opportunities for investing and trading.

Read more about LSE and IBM activities in Blockchain here

Australian Securities Exchange (ASX), is all about the replacement of this system that underpins post-trade procedures of Australia’s money equity marketplace, known as CHESS (the Clearing House Electronic Subregister System).
ASX is working on a prototype of a post-trade platform for the cash equity market using Blockchain.
This initial phase of work was completed in mid-2016.
In December 2017 ASX completed its own analysis and assessment of the technology which included: Comprehensive functional testing of the critical clearing and settlement functions currently performed by CHESS.
Comprehensive non-functional testing (scalability, security and performance requirements) for a replacement system when deployed in a permissioned private network.
A broad industry engagement process to capture users input on the desired features and functions of a replacement solution.
Third party security reviews of the Digital Asset DLT based system.

Read more about ASX procedure here

The Korea Exchange (KRX), South Korea’s sole securities market operator, has established a new service where equity shares of startup businesses may be traded on the open marketplace.
The Coinstack platform will offer record and authentication options for your KSM by checking against client references which have already been provided to the platform by Korean banks such as JB Bank, KISA, Lottecard, Paygate in addition to others.
Deutsche Börse Group has developed a theory for riskless transfer of commercial bank funding through an infrastructure based on distributed ledger technology.
By combining blockchain technology using its proven post-trade infrastructure, Deutsche Börse aims to achieve efficiencies while at exactly the same time investigating possible new business opportunities enabled by this technology.

Read more about Deutsche Börse Group activities in Blockchain here

Japan Exchange Group: IBM had teamed up with Japan Exchange Group, which works the Tokyo market, to begin experimenting with blockchain technology for clearing and other operations.
IBM says it expect the technology will reduce the cost, complexity and speed of settlement and trading procedures.
Linkedin Twitter Facebook Tags: blockchain, blockchain development, capital market, Crypto, Cryptocurrency, derivitives, Ether, ethereum, Smart Contracts, stock market, traditional exchange 378 672 hanifnezhad hanifnezhad 2017-12-08 09:00:28 2019-10-15 13:26:29 Do traditional exchanges see Blockchain as an opportunity.
You might also like.
Are ICOs the new future of start-ups.
Ethereum Becoming the New Platform for Startups A Blockchain based capital market systems Implications of Blockchain in Securities industry A brief guide to Initial Coin Offerings (ICO).

How does Blockchain work and how can it change our live

Be the first to know.
Choose a category of articles.
Algorithmic Trading (13).
Big Data (2).
Blockchain (11).
Company (10).
Cryptocurrency (8).
Digital Asset Management (24).
Digital Wealth Management (25).
Ethereum (9).
financial service (5).
Financial Technology (34).
FinTech (40).
ICO (8).
News (37).
Research (9).
Robo Advisor (32).
Robo Advisor News (7).
smart contract (3).
smart contracts (2).
Software Development (21).
Software Vendor (11).
Popular A Basic Idea behind Ethereum’s smart contracts30th March 2017 – 11:42 am.

A Blockchain based capital market systems1st April 2017 – 11:19 am

How does Blockchain work and how can it change our live.
28th January 2017 – 10:07 am.
Lessons learned from over 5 years of financial.
7th September 2015 – 12:02 pm.
Empirica presented ‘ways of implementing Robo-Advisors’.
24th January 2018 – 10:03 am.
Recent Empirica presented ‘ways of implementing Robo-Advisors’.
24th January 2018 – 10:03 am.
Hanif Nezhad is a keynote speaker during Robo-Advisors-Open.
16th January 2018 – 3:37 pm.
We congratulate our partners from Swissborg for launching.
8th December 2017 – 3:53 pm.
Do traditional exchanges see Blockchain as an opportuni.
8th December 2017 – 9:00 am.
Michał Różański, CEO of Empirica, was among keynote.
9th November 2017 – 3:35 pm.

Comments […] Read more about Blockchain based capital market

6th December 2017 – 4:59 pm by Implications of Blockchain in Securities industry – Empirica.

[…] Read more about basic idea behind Ethereum and

6th December 2017 – 10:24 am by Three use case of Smart Contracts in Financial services – Empirica.

[…] Read more about Blockchain and how can i change

5th December 2017 – 2:08 pm by Are ICOs the new future of small companies.
– Empirica.
[…] Read about Ethereum more in here.
[…]5th December 2017 – 1:20 pm by Different types of Cryptocurrency – Empirica.
[…] with the introduction of Ethereum in 2015 arrived.
1st December 2017 – 12:07 pm by A brief guide to Initial Coin Offerings (ICO) – Empirica.
Tags algorithmic trading Apache Spark big data Bitcoin blockchain blockchain development BTC capital market CFA Investment Summit CFA Society Poland Company Crypto Cryptocurrency Derivatives derivitives digital asset management digital wealth management ETH Ether ethereum Event exchange financial software fintech FintechTrends Global Investor Group ICO ICO dashboard Java Loan Mortgage news outsourcing research Robo-Advisor Securities Smart Contracts software development software vendor start-up startup stock market Swissborg traditional exchange Warsaw Stock Exchange Global Sales +48 66 777 09 04 [email protected] United Kindgom 5-7 Tanner Street, London +48 575 017 043 [email protected] Poland Podwale 7, Wrocław +48 600 825 279 [email protected] Germany & Switzerland +48 600 825 279 [email protected] Michał Różański, CEO of Empirica, was among keynote speakers at the CFA.
We congratulate our partners from Swissborg for launching their ICO.

Leave a Reply

Your email address will not be published. Required fields are marked *