Flash News

The U.S. Reserve Management Trust and Clearing Company will show the stock chain, but on a limited scale

THE FINANCIAL MARKET INFRASTRUCTURE GIANT, THE UNITED STATES DEPOSIT MANAGEMENT AND SETTLEMENTS CORPORATION (DTCC), PLANS TO PRESENT THIS WEDNESDAY A REAL-TIME STOCK TRADE PROCESS BASED ON BLOCK-CHAIN TECHNOLOGY. THE MARKET CONSIDERED THAT THE TECHNOLOGY COULD SIMPLIFY THE PROCESS OF LIQUIDATION, SETTLEMENT AND RECORDING BEHIND WALL STREET STOCK EXCHANGES AND IMPROVE THE EFFICIENCY OF CAPITAL MARKETS. THE TEST WAS SEEN AS AN IMPORTANT STEP IN THE SEARCH FOR CHAIN SECURITIES INFRASTRUCTURE IN THE TRADITIONAL FINANCIAL SYSTEM. HOWEVER, THE INITIAL SCOPE OF THE PROJECT REMAINS LIMITED. AFTER MANY YEARS OF RESEARCH AND DEVELOPMENT AND AS ONE OF THE LARGEST SECURITIES CLEARING AGENCIES IN THE UNITED STATES, THE UNITED STATES DEPOSIT AND LIQUIDATION CORPORATION DEMONSTRATED MORE OF A CERTIFICATION THAN A GLOBAL PUSH TO MOVE STOCK MARKETS TO BLOCK CHAINS. MARKETERS BELIEVE THAT, WHILE MONETIZED SECURITIES AND CHAIN SETTLEMENTS ARE CONSIDERED TO HAVE THE POTENTIAL TO REDUCE COSTS AND INCREASE THE EFFICIENCY OF TRANSACTIONS, THE MIGRATION OF TRADITIONAL FINANCIAL INFRASTRUCTURE TO BLOCK CHAINS CONTINUES TO FACE REGULATORY, COMPLIANCE, SYSTEM COMPATIBILITY AND MARKET PARTICIPANT COORDINATION CHALLENGES。

OKX - Unlock Rewards