Blockchain Daily News - DLT, token, ICO journal quotidien
Blockchain Dail Blockchain Dail
Blockchain Daily News - DLT, token, ICO, crowdsale journal
 
              

Ethereum and R3’s CordaThomson Reuters to release blockchain tool for market data


Multinational mass media giant Thomson Reuters Corp announced that it is planning to release a blockchain-based tool that will enable customers to plug market data into systems.






According to the reports by Reuters, then new tool named ‘BlockOne IQ’ will enable Wall Street companies to utilize Thomson Reuters’ data on trading systems that run on two types of blockchain – Ethereum and R3’s Corda.

Sam Chadwick, Thomson Reuters’ director of strategy in innovation and blockchain, told in an interview that the core idea of BlockOne IQ is to speed up blockchain deployment in financial markets. According to Chadwick, blockchain has not yet been used on a wide scale, although large banks, investors and other financial institutions have invested millions of dollars in this nascent technology. This is partly because of disconnecting with technologies that underpin other applications.

“A lot of the financial use-cases rely quite heavily on knowing and including real-world data, but there is really no way to do it,” he added.

Fintech circles and industry call tools like BlockOne IQ as ‘Oracles’, as they permit two different technologies to communicate with one another.

Les médias du groupe Finyear

Lisez gratuitement :

BLOCKCHAIN DAILY NEWS

Le quotidien Blockchain Daily News :
- Blockchain Daily News

Sa newsletter quotidienne :
- Blockchain Daily News Newsletter
Recevez chaque matin par mail la newsletter Blockchain daily News, une sélection quotidienne des meilleures infos et expertises en Blockchain révolution.

Sa lettre mensuelle digitale :
- The Chief Blockchain Officer


FINYEAR

Le quotidien Finyear :
- Finyear Quotidien

Sa newsletter quotidienne :
- Finyear Newsletter
Recevez chaque matin par mail la newsletter Finyear, une sélection quotidienne des meilleures infos et expertises en Finance innovation & Digital transformation.

Ses 5 lettres mensuelles digitales :
- Le Directeur Financier
- Le Trésorier
- Le Credit Manager
- The Chief FinTech Officer
- The Chief Digital Officer

Finyear magazine trimestriel digital :
- Finyear Magazine

Un seul formulaire d'abonnement pour choisir de recevoir un ou plusieurs médias Finyear


Friday, June 23rd 2017
Rate it


New comment:

Your email address will not be published. Required fields are marked *
Votre adresse de messagerie ne sera pas publiée. Les champs obligatoires sont indiqués avec *

More on Blockchain Daily News



Recevez la newsletter quotidienne

Conferences




Cryptocurrencies