TMX Opts for Blockchain Technology, Powering its Subsidiary NGX
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TMX Opts for Blockchain Technology, Powering its Subsidiary NGX
TMX Group Limited, operator of the Toronto Stock Exchange and the four marketplaces TSX Venture Exchange, Alpha, Montreal Exchange (MX), and Natural Gas Exchange (NGX), has developed a blockchain-based prototype that will be utilized by its energy exchange subsidiary NGX.
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The new prototype service was made in tandem with digital infrastructure provider Nuco Inc., and is being constructed using Distributed Ledger Technology (DLT). The decision to rely on blockchain represents a growing trend at several global exchanges, many of which are relying on new technology to both power and improve the functionality ... (read more)
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