Swiss Finance Industry Consortium to Bring OTC Equities onto Ethereum Blockchain Ethereum

Swiss Finance Industry Consortium to Bring OTC Equities onto Ethereum Blockchain

Blockchain technology moving into the financial sector has proven to be a beneficial and lucrative move. Leading a consortium of 45 companies in research and development (of blockchain usage within the Fintech sector) was a wise move by R3, the blockchain tech company. Moreover, blending technology with finances redacts human error and lowers the risk to all parties involved. Recently, a project led by IFZ/ Lucerne University of Applied Sciences and Arts utilizing the Ethereum blockchain has come forward with a consortium of their own in the Swiss sector to bring OTC equities onto the Ethereum Blockchain. Mathias Bucher, Project Manager of this effort, wrote on Reddit: OTC Equities are traded “over-the-counter”, i.e., not...
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