Symbiont Symbiont The new company aims to eliminate
Symbiont
Symbiont The new company aims to eliminate many of the inefficiencies and opaqueness that have developed on Wall Street by utilizing the speed and security of cryptographic distributed ledgers known as blockchains to enable faster markets that are more efficient, and exhibit lower costs with increased liquidity, transparency, and security. By making programmable versions of traditional securities available on a distributed ledger, the platform seeks to allow institutional and retail users to issue, trade and process a range of instruments more efficiently in a single, global, decentralized and distributed peer-to-peer financial network. http: //symbiont. io/symbiont-smart-securities-technology-secures-backing/
Symbiont in the news 1. 25 million USD funding from VC including former CEO of NYSE Euronext The issuance of the first Smart Securities is expected later in 2015. http: //www. itworldcanada. com/article/symbiont-targets-blockchain-tech-atwall-st/375689 Competitor to Securities Depositories ? (Clearstream) Who would run the ledger and why ? For retail…?
Related topics NASDAQ and the blockchain http: //www. theguardian. com/technology/2015/may/13/nasdaq-bitcoinblockchain Coloured coins https: //docs. google. com/document/d/1 Ank. P_c. VZTCMLIzw 4 Dvs. W 6 M 8 Q 2 JC 0 l Izr. TLuo. Wu 2 z 1 BE/edit
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