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Blockchain could provide “near-real-time” transactions to speed up the foreign exchange market http://qz.com/779660/goldman-sachs-wants-to-put-foreign-exchange-
by known 10y ago
Blockchain could provide “near-real-time” transactions to speed up the foreign exchange market http://qz.com/779660/goldman-sachs-wants-to-put-foreign-exchange-trades-on-the-blockchain/ http://qz.com/779660/goldman-sachs-wants-to-put-foreign-exch...
- dx034 10y agoWe're talking here about settlement of trades. Trading is already real-time and can't go much faster. It's about saving money in the settlement process. But the question is if a blockchain system can save enough to justify migrating the whole process. It doesn't seem like it at the moment.