Understanding How Blockchain Works and Why it Will Transform FX
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Understanding How Blockchain Works and Why it Will Transform FX
We are surrounded by centralised ledgers
For the uninitiated, a ledger is simply a record of something — whether it be trades executed by traders, or financial transactions to buy goods and services – and as the amount of ‘data’ the world now produces continues to grow at parabolic rates, people’s ability to use and understand that data is lagging behind.
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Storing financial records is done for a variety of reasons, including for audit and oversight purposes as espoused by financial regulators such as the FCA, NFA, ... (read more)
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