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The race by established financial institutions t0 harness the power of the blockchain keeps heating up with more revelations about new companies testing the technology made every day. Only yesterday it was reported that the Bank of Russia is actively evaluating the application of its uses and now we hear that the Korea Exchange (KRX) is climbing aboard the blockchain express as well.
KRX, which is South Korea’s main bourse operator for stock trading, said on Monday that it has already been working on a blockchain based platform to revitalize its over the counter (OTC) trading offer. Towards this goal the KRX has taken “preliminary steps” to ... (read more)