Majority of Global Exchanges Testing Blockchain Technology

The majority of global financial exchanges are actively exploring applications of distributed ledger-technology, according to a recent CoinDesk article

Twenty-four firms, consisting of exchanges, central securities depositions, and central counterparties took part in a recent World Federation of Exchanges survey regarding how market incumbents are exploring the technology and developing proof-of-concepts, according to CoinDesk.

The survey highlights how these firms “..are focusing on applications which aim to create process efficiencies and cost savings, though some are also pursuing new service lines and revenue opportunities.”

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