Why are Nasdaq, JFX, and other traditional exchanges switching to the #blockchain?
sourceFor many people, the blockchain and cryptocurrencies are the same thing. When, actually, cryptocurrencies are a part of the blockchain-based ecosystem and blockchain technology doesn’t necessarily require publicly selling a cryptocurrency.Using the blockchain gives many new opportunities for businesses to cut costs, make their products more transparent on a distributed ledger, and boost the speed of internal transactions, which is why many large businesses adopt it. It’s why Microsoft and IBM develop so many blockchain products and it’s the reason why a lot of traditional exchanges switch to the blockchain. In this article, we’re going to learn why they are now making the switch.What are exchanges looking for?As we previously mentioned, there are several benefits to using the (...)