2 ms·
Not as big as the bitcoin market but corda's growing[0] use for forwards contracts between parties[1]. Though it seems like this is an instance of blockchain "
by cinquemb 8y ago
Not as big as the bitcoin market but corda's growing[0] use for forwards contracts between parties[1].
Though it seems like this is an instance of blockchain "like our current financial system, with intermediaries and trust and regulation", but with cost/time savings by reducing the amount of humans involved in the transaction reconciliation process.
Many more examples of old finance firms using blockchain [2], though a far cry from the whatever is going on in the cryptos in use with consumer discretionary trading.
[0] https://github.com/corda/corda https://github.com/corda/corda
[1] https://www.thetradenews.com/commerzbank-replicates-fx-trade-blockchain/ https://www.thetradenews.com/commerzbank-replicates-fx-trade...
[2] https://www.globalcustodian.com/news/technology/ https://www.globalcustodian.com/news/technology/