However, 10 major stock and commodity exchanges in the world have currently expressed interest in blockchain technology. In this article, we will give you a detailed introduction:
1. Australian Securities Exchange (ASX)
When it comes to the application of blockchain technology, Australia The stock exchange is definitely one of the most ambitious, having invested more than $10 million in digital asset holdings, a startup in the sector, in January as part of its research and development push.
At the same time as the investment, the ASX also revealed that it will not only conduct technology trials, but also establish a new post-trade settlement system, which will be developed by Digital Asset through the use of a distributed ledger structure.
However, since January this year, updates on the project’s progress on the ASX may have been overshadowed by controversy. In March, Australian news media began speculating that, although the ASX had reaffirmed its support for the trial, the blockchain project might also be thrown into doubt following the premature resignation of the agency’s CEO Elmer Funke Kupper. Voice,.
2. Chicago Mercantile Exchange Group
CME Group is one of the founders of the "Post-Trade Distributed Ledger Working Group" and currently has a presence in the industry through its investment arm CME Ventures Very positive actions were taken.
CME Group is unique among its peers. It has always pursued a diversified investment strategy across industries and has successively invested in distributed accounting startup Ripple, blockchain investment group Digital Currency Group and Digital Asset Holdings. Beyond that, however, CME Group has yet to speak publicly about its conduct in technology and the larger industry.
3. Deutsche B?rse
Deutsche B?rse, the operator of Germany’s Frankfurt Stock Exchange, is another player on this list, which also participated in the January $60 million in financing from Digital Asset Holdings.
However, unlike its co-investor ASX, Deutsche B?rse has been less vocal about its support for technology.
In an interview in February, Deutsche B?rse said it was working on a proof-of-concept for the technology, although it has yet to release any findings or test results.
4. Dubai Multi-Commodity Trading Center
In the Middle East, blockchain-related activities are relatively sparse, and this situation continued until the recent opening of the Global Blockchain Council. The 32-member Global Blockchain Council is a group of startups, financial firms and tech giants that oversees technology applications and their impact.
Built on the basis of these members, the Dubai Multi Commodities Center is a special economic zone and commodity circulation center responsible for overseeing the trading of precious metals and other tangible commodities.
DMCC announced in February that it was engaging in a technology trial with Bitcoin startup BitOasis to explore how blockchain technology could improve its personnel onboarding process.
5. Japan Exchange Group (JPX)
Japan Exchange Group is one of the more active stock market operators in Asia. It announced its interest in the industry in February and It has officially formed an alliance with IBM and became a user of Blockchain-as-a-Service (BaaS).
At the time, reports indicated that Japan Exchange Group was embarking on a proof-of-concept to study the role of blockchain technology in creating a new low-liquidity asset trading system, with the final results expected to be approved later this year. A report is released.
Earlier this month, Japan Exchange Group also announced that it is working with the Nomura Research Institute (NRI) to conduct trials to study how the technology can be applied to the securities market.
6. Korea Exchange
Korea Exchange, South Korea’s only stock exchange and one of the new entrants to this list, announced in February that it would seek to pass the zone Blockchain technology launches an over-the-counter trading platform.
In statements to local news outlets, Korea Exchange said it hoped the technology would help reduce costs. Details about the trial and the company's involvement in the group were not released.
7. London Stock Exchange (LSE)
The London Stock Exchange is one of the founding institutions of the "Post-Trade Distributed Ledger Working Group". When it comes to blockchain When it comes to technology experiments, LSE is one of the most dynamic but also the most low-key institutions.
The London Stock Exchange is one of the first groups to follow in the footsteps of startup R3, and it is the first to say that large financial firms will look to use partnership models to conduct blockchain testing beyond The R3 framework.
It was also from that time that some large financial companies began to participate in private proof-of-concepts and operations in certain areas of the capital market involving various parties.
In addition, like Kouvola Innovation and Japan Exchange Group, the London Stock Exchange is also one of the initial customers of IBM's Blockchain-as-a-Service (BaaS).
8. Nasdaq
When it comes to testing blockchain technology, Nasdaq is probably the most proactive institution. U.S. stock market operator Nasdaq first launched Linq, a private equity trading platform, in 2015, thus becoming the first financial institution to conduct a blockchain proof-of-concept. The platform is currently still in the testing phase.
In addition, Nasdaq has also reached a cooperation with blockchain solution provider Chain and allows its internal experts to speak openly about blockchain technology.
In 2016, Nasdaq continued this momentum. For example, it previously revealed that it is working with Estonia’s Nasdaq OMX Tallinn Stock Exchange on a trial to use blockchain technology to reduce various obstacles to shareholder voting.
9. New York Stock Exchange (NYSE)
The New York Stock Exchange was one of the first companies to take an interest in the industry. In 2015, the NYSE issued two Important statement, both of which are related to Bitcoin.
In January 2015, NYSE invested in the Bitcoin service company Coinbase as part of its Series C financing. At the time, NYSE Chairman Jeffrey Sprecher said the investment showed confidence in the widespread use of digital currencies by millennials, whom he described as having a more progressive view of value exchange.
In May, the NYSE will continue to launch a Bitcoin price index, which will also become a competitor to CoinDesk’s Bitcoin Price Index (BPI), which is plotted with transaction data from the Coinbase trading platform.
10.TMX Group
TMX Group, the operator of the Toronto Stock Exchange, has not expressed a clear opinion on blockchain technology.
However, with the hiring of Anthony Di Iorio (one of the co-founders of Ethereum) as the agency’s first chief digital technology officer, TMX also publicly stated for the first time in March this year Interest in blockchain technology. The next-generation network has become one of the most important blockchain applications in the public eye following its product launch in March.
Nonetheless, TMX Group has stated that it is in the early stages of developing a blockchain strategy and that it may soon be testing the technology.
(Babbitt)
11. Puyin Group
Puyin Group launched the tea-based digital currency Puyin. Puyin is a high-quality currency that has been warehousing, appraised, evaluated and confirmed by three parties. Tibetan tea assets are standard digital currencies issued through encrypted digitization.