State Street Bank, Vanguard and Symbiont Complete Pilot Program for Currency Futures Trading Using DLT Technology

2021-12-7 19:17
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On December 6, State Street Corporation, Vanguard and Symbiont completed an experiment using DLT technology for the forex market. Symbiont's distributed data technology can be used to enter into 30-day foreign exchange contracts. This experience will test how the company will conduct OTC transactions on the DLT network in the future. Our company said that it is researching new applications for blockchain technology to support the capital / business exchange. In other words, we are working on the blockchain using scenarios for foreign exchange transactions and exchange rates working with the aim of working on currencies beyond stock products, improving business efficiency and reduce the risk of credit companies. (finance tycoon)

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2021-12-7 19:14