Chile’s Santiago Exchange to Launch Securities Lending Blockchain

[kreslik.news]

IBM (NYSE: IBM) and Santiago Exchange have announced a partnership to introduce blockchain technology across Chile’s financial sector. The agreement makes the venue the first stock market in Latin America to apply the technology within its short selling system for securities lending.

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“The Stock Exchange is a technologically advanced company, which provides the infrastructure and systems for all types of securities transactions and their clearing and settlement. The Stock Exchange also provides information services and management systems for intermediaries. Incorporating blockchain into our business processes is in line with that purpose ... (read more)