Blockchain for Mutual Funds? Nasdaq and Swedish Bank Start Testing

in cryptocurrency •  7 years ago 

The Nasdaq and the Nordic corporate bank SEB have begun testing on a Blockchain technology-based trading platform for mutual funds. The goal of the platform is to make trading of funds faster, smoother and easier for all parties.

The platform intends to make it possible for all fund managers, distributors and other mutual fund participants to make trades directly onto the Blockchain technology ledger. This would increase efficiency, tracking and auditability.

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https://cointelegraph.com/news/blockchain-for-mutual-funds-nasdaq-and-swedish-bank-start-testing

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blockchain the way to go

It is crazy to think how much blockchain technology will change many aspects of technology! I have followed you.

yes men , it is getting more and more adoption every day, despite the fud coming from bankers and china lol

Wow this is perfect news