Article: Blockchain may change equities trading for good

Blockchain, Commercial Intelligence

Blockchain may change equities trading for goodBlockchain may change equities trading for good

Paxos is now making use of for a everlasting SEC licence to compete with the DTCC. It’s unclear whether or not the SEC will agree, or if Paxos might even scale as much as snip on the heels of the DTCC behemoth, which dealt with $2,150tn price of trades final yr. As Emmanuel Aidoo, digital markets head at Credit score Suisse, observes tactfully: “Innovation in blockchain know-how is [still] incremental.”

Even so, buyers ought to take word. For one, the deal is a reminder that there’s extra to blockchain than the cryptocurrencies corresponding to bitcoin that additionally use the know-how. Whereas apparent to crypto insiders, this level must be proclaimed loudly given how bitcoin grabs a lot public and political consideration.

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Article: DeFi-ing the odds: Why DeFi could rebuild trust in financial services

Blockchain, Crypto, Money

DeFi-ing the odds: Why DeFi could rebuild trust in financial services

While legacy finance is losing the people’s trust, decentralized finance is becoming the fair and deserved future of money.

Trending away from institutional authority is also evident in the explosive growth of decentralized finance, or DeFi. By using decentralized applications on the blockchain, DeFi allows individuals to lend or borrow funds, trade coins and earn interest on savings. Their transactions are governed by smart contracts, embedded in the software; no bank, brokerage or exchange is required.

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