Article: Swiss banks queuing up to jump on blockchain train

Blockchain, Crypto, Governance

Swiss banks queuing up to jump on blockchain train

Swissquote is teaming up with digital assets service provider Taurus to allow clients to issue and invest in tokenized assets. Blockchain – or other distributed ledger technology systems – promises to simplify the process of creating a wide range of assets, from company shares to fine wines and traditional securities, and to speed up transactions.

“Many cantonal banks, retail banks and large systemic banks will be entering this space in the near future,” Taurus co-founder Lamine Brahimi tells me. “We see increasing interest”. He cites Switzerland’s recent introduction of new legislation that welcomes blockchain finance into the legal code.

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Article: Tech News: The infinite applications of blockchain technology

Blockchain, Innovation

Many believe that blockchain will eventually eliminate the need for intermediaries in transactions and will transform not just our financial systems, but the whole economy, energy markets and supply chains. Photo: PixabayTech News: The infinite applications of blockchain technology

The advent of the Internet has forever changed the way in which we share information. Blockchain is now changing the way we transact.

This form of distributed ledger technology (DLT) that employs state-of-the-art cryptography to store data across peer-to-peer computer networks, has been branded by many technology enthusiasts as the solution to almost every challenge known to mankind. Many believe that blockchain will eventually eliminate the need for intermediaries in transactions and will transform not just our financial systems, but the whole economy, energy markets and supply chains.

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