请选择 进入手机版 | 继续访问电脑版

职场创业

    今日:146| 主题:51870
收藏本版
IT、互联网、电子商务创业经验、建议、管理等知识分享。

[其他] Blockchain-Based Gold Settlement is Coming to London

[复制链接]
你造我宣 发表于 2016-10-1 21:55:34
364 17

立即注册CoLaBug.com会员,免费获得投稿人的专业资料,享用更多功能,玩转个人品牌!

您需要 登录 才可以下载或查看,没有帐号?立即注册

x
Fintech company  Paxos  has partnered with the  Euroclear   team to bring blockchain-based gold settlement to the London Bullion Market. The project, called Euroclear Bankchain, aims to leverage blockchain technology to make post-trade settlement more efficient.
      Also read:  Top 10 Killer Apps for Bitcoin: Ideas That Can Change the World   
  London Bullion Market Will Get Its First Concrete Blockchain Use Case For Gold Settlement

   

Blockchain-Based Gold Settlement is Coming to London

Blockchain-Based Gold Settlement is Coming to London
Paxos and Euroclear executives announced the collaboration during this week’s SIBOS annual conference in Geneva, Switzerland   . Paxos CEO Charles Cascarilla told attendees the partnership will produce the “first concrete blockchain use case for gold settlement in the London Bullion Market .”  
  The blockchain-based gold solution will benefit investors and key stakeholders during the Bankchain initial offering, Cascarilla told reporters.
  We are coming to market with a ground-breaking offering that will drastically impact the post-trade process and overall trading infrastructure within the global gold market.
   Founders Richmond Teo andCharles Cascarilla consider the flagship product Bankchain to be a next-generation blockchain settlement platform. The platform provides prompt settlement and automation to bring more fluid efficiency to post-trade capital markets, Cascarilla added.
  Capital Injections & Reputable Post-Trade Partner

     

Blockchain-Based Gold Settlement is Coming to London

Blockchain-Based Gold Settlement is Coming to London
      Paxos CEO Charles Cascarilla        The company has raised a total of $28.25 million USD through two funding rounds. Last year, with investors such as the Digital Currency Group and Blockchain Capital, the company acquired $25 million in one Series A funding round. Cascarilla and partners first launched Bankchain under the  cryptocurrency exchange itBit’s umbrella.
  Euroclear claims it has a reputation as a trusted post-trade services provider — with a double-A rating from Standard & Poor’s.
   The company works to provide settlement and safekeeping for securities, equities, bonds, and derivatives to investment funds. It also believes blockchain technology can transform thepost-trade markets.
  How Settlements Work Now

   Currently, post-trade settlements often take days and come with significant costs from third parties, auditors, and paperwork. Euroclear says that with adistributed ledger mechanism, clearing can be done faster, more formally, and with cost savings. The Bankchain protocol, it says, can advance settlement times by providing a more frictionless environment.
  “As a neutral market infrastructure, with a track record of providing high quality, reliable post-trade services to some of the world’s leading financial institutions, we are adopting a collaborative approach wherever possible, working with third-party innovators in ways that reward their innovation while simultaneously giving us flexibility,” said Luc Vantomme, Euroclear’s managing director and Global Head of Innovation.
  “The settlement of unallocated gold is a very capital-intensive process. We are working to develop a service to reduce risk and balance sheet constraints.”
   

Blockchain-Based Gold Settlement is Coming to London

Blockchain-Based Gold Settlement is Coming to London

  Bankchain’s Distributed Ledger Reduces Time and Risk

  Both firms believe Bankchain can produce better results than the traditional London Bullion Market system. Cascarilla said that overall, the platform will reduce counterparty risk, and offer real-time tracking and transparent auditability.
   The advent of blockchain settlement platforms, he said, will streamline the post-trade process. To prove its worth, his company is starting with the London Bullion andprecious metals markets.
  What do you think about Pax and Euroclear’s blockchain-based gold settlement Bankchain? Let us know in the comments below.
   Source: Paxos
  Images via Shutterstock, Pixabay.   
   Did you know Bitcoin.com is throwing a blockchain conference in London this year? Our premiere event, Blockchain: Money, features the biggest innovators and executives in the industry. The event will also take place in the beautiful surroundings of 155 Bishopsgate, London on November 6-7, 2016. Reserve your tickets today!  
        +1     
        Share     
        Email     
    Shares 0



上一篇:This Sports Startup Has a New Way to Let Fans Obsess Over Their Team
下一篇:老板,对不起!我不会再惯着你了
hongxin123456 发表于 2016-10-1 22:17:49
虫星人来了,都叫兽呢?
回复 支持 反对

使用道具 举报

如风 发表于 2016-10-1 22:29:43
十动然拒回帖
回复 支持 反对

使用道具 举报

乐山生活网 发表于 2016-10-2 06:33:25
饭在锅里,我在床上
回复 支持 反对

使用道具 举报

安蕾 发表于 2016-10-2 06:38:17
nO Zuo nO Die
回复 支持 反对

使用道具 举报

kelly86 发表于 2016-10-2 06:42:29
男女关系处理得好会传出佳话,处理得不好会传出闲话。
回复 支持 反对

使用道具 举报

安书 发表于 2016-10-4 03:49:04
如果恐龙是人,那安书是什么?  
回复 支持 反对

使用道具 举报

hq8yhq2hq 发表于 2016-10-4 18:24:37
现在你骂我,是因为你还不了解我,等到以后你了解了我,你一定会动手打我的。
回复 支持 反对

使用道具 举报

南生 发表于 2016-10-5 01:56:44
来自火星的南生留名
回复 支持 反对

使用道具 举报

董欢 发表于 2016-10-6 15:07:48
楼主这么可爱,你造么?
回复 支持 反对

使用道具 举报

*滑动验证:
您需要登录后才可以回帖 登录 | 立即注册

本版积分规则

我要投稿

推荐阅读

扫码访问 @iTTTTT瑞翔 的微博
回页顶回复上一篇下一篇回列表
手机版/CoLaBug.com ( 粤ICP备05003221号 | 文网文[2010]257号 )

© 2001-2017 Comsenz Inc. Design: Dean. DiscuzFans.

返回顶部 返回列表