IEX Group Wants to Make Gold Trading 100% Transparent via Blockchain

[kreslik.news]

The team behind the alternative IEX Exchange, which rose to fame thanks to the “Flash Boys” book by Michael Lewis, is now planning to disrupt the gold trading market. IEX’s TradeWind Markets is reportedly already working on utilizing the power of blockchain technology to bring transparency to this very popular but opaque instrument.

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TradeWind’s board member and a managing director at Bain Capital Ventures, Matt Harris, told the Reuters news agency a solution might reach the market in a few months. Describing the problem with the current way the ... (read more)