New Law in Delaware will allow Blockchain based trading of stocks

in blockchain •  7 years ago 

This should give a big push to crypto in the US

Legislators often don’t see eye-to-eye with new technology. Their first instinct is to either outlaw it or make it very difficult for service providers to gain traction. The State of Delaware is taking an entirely different route, though. The Assembly passed a bill which legalizing blockchain-based stock trades. As a result, blockchain technology is now in a prime position to disrupt US stock exchanges. A major victory for technology enthusiasts, that much is evident.

For the longest time, US stock markets have been using the same technology. In this era of modern technology, disruption is quickly becoming the buzzword. It is evident stock markets can benefit from blockchain technology.Now that the Delaware Assembly passed a law legalizing blockchain-based stock trades, things will get very interesting. More specifically, it is possible traditional stock markets will be rendered obsolete in a few years from now, unless they make the necessary upgrades.
source: newsbtc

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