News

SIX to Introduce New Blockchain Supported Digital Exchange

SIX, Yeni Blockchain Destekli Dijital Borsayı Piyasaya Sunacak

The SIX Swiss Exchange will test the blockchain integration for the upcoming parallel digital trading platform SDX in the second half of this year.

The Swiss Swiss Stock Exchange sees approximately 5.19 billion Swiss Francs (CHF) (~ 5.18 billion US Dollars) per day. It has market capitalization of over 1.67 trillion CHF ~ ($ 1.6 trillion).

CEO Jos Dijsselhof told Cointelegraph Deutschland that the company has chosen technology for time efficiency and increased security at all stages of stock trading:

Üyor The fact is that the stock buyer takes two days to own. The trade itself takes only a fraction of a second, but after that it is necessary to make payments and to transfer titles. Ticaret

. If we put them all on the digital stock market, then the whole process takes only a few seconds. This makes the market more efficient, but at the same time the risk occurs in the system. "

Dijsselhof said that fully digital blockchain-backed stock trading would not only minimize risks, but would also expand business transactions. He also said that SIX will manage to create a brand new stock exchange with a fully integrated trading, transport and transportation system.

In an interview with Reuters, published on February 6th, SIX chief Romeo Lacher said the change aimed to complete the launch date of the new platform in the summer.

SIX to Introduce New Blockchain Supported Digital Exchange

When Will the New Blockchain-Based Digital Stock Market Come Out?

Reuters also announced that SIX's blockchain-based SDX digital market is waiting to replace its current market in ten years. Lacher said the company also plans to launch its own Security Symbol Offer, which will provide investors with equity shares in return for capital.

Unnamed SIX officials told Reuters that the SDX will start by offering selected stocks, followed by bonds and possibly exchange traded funds (ETFs). SIX in November five big cryptocurrency A number of leading crypto-based foreign exchange products (ETP) are listed below.

Other major global stock exchanges likewise want to reshape their platform - in whole or in part - with a blockchain. In January, the large global securities market, Deutsche Börse, said that the blockchain consortium R3 oloj made significant progress az in its securities lending platform using Corda technology reported.

Source: Cointelegraph

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Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Real crypto OG's will rally around me.

The real ones that know the truth, and what happened from day 1.

Talk to you guys soon.⏳#FreeTrevon

— Trevon James, Founder of our.glass Crypto (@BitcoinTre) May 28, 2021

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

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Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

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Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

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Source: Cointelegraph