Though major stock exchanges in London and New York have garnered the lion’s share of major media headlines, their peers internationally are moving at a similar pace to investigate the potential of blockchain tech.
The Korea Exchange (KRX), South Korea’s only securities exchange, for example, announced it was moving to develop an over-the-counter (OTC) trading platform using the technology in February, a decision that could open the company up to entirely new markets if eventually launched.
According to Changjin Lee, head of IT strategy planning at KRX, the project isn't simply a response to international competitors. Lee indicated that KRX has been studying the technology since early 2015, and that the decision to start working on implementations came from the highest levels of the organization.
http://www.coindesk.com/korea-exchange-blockchain-innovation/
