2018-6-27 06:36 |
IT providers for stock markets and exchanges have been slow to adopt blockchain technology, Nasdaq told The Wall Street Journal June 26.
The study polled chief information officers, chief technology officers, and other senior technology leaders at 20 leading market infrastructure firms around the world.
The authors say these factors, in addition to regulatory compliance, are necessary for the technology to be deployed in today’s markets.
Earlier in May, First Deputy Governor of the Russian Central Bank Olga Skorobogatova similarly critiqued blockchain, claiming that the technology is not yet “mature” enough for industrial-scale use.
“Technology for the sake of technology is pointless,” she stressed that the international community should first come up with a “pragmatic understanding” of blockchain’s benefits.