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The Blockchain still used in the banking world

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November 20, 2017 | 

537 Views | 

Joanna Newman | 

Get Into Cryptocurrency Trading Today

 

The Blockchain still used in the banking world.


The top AQR hedge fund, which is worth $ 208 billion under management, has decided to study the possibility of using Blockchain technology for its trading platforms.

As always, what is appreciated in Blockchain technology is its safety and efficiency compared to traditional systems.

The company is in its infancy and co-founder David Kabiller explains:
"How long [the technology] will take to get there and it will become the norm it is not clear, there is a great infrastructure well anchored, but there is a potential for more efficiency that can be won by Blockchain."

120 new funds are based on crypto currencies.


Among institutional investors, hedge funds are among those who have adopted Blockchain technology and cryptocurrencies.

There are 120 new funds based on cryptocurrencies.

For example, very recently, Man Group, a British hedge fund, has decided to participate in Bitcoin trading since GCE opened its futures market to cryptocurrency.

It is today (November 20th) that this new market opens its doors.

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