The Wall Street giant is again looking for blockchain to improve markets, this time its forex trading.
Goldman Sachs (NYSE:GS), the investment banking behemoth, wants to use blockchain technology to replace the traditional foreign exchange (FX) market, according to a Patent Application released by the US Patent and Trademark Office. Last year it was revealed in a similar manner that the bank was working on a Cryptographic Currency For Securities Settlement or a so called “SETLcoin”.
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http://www.financemagnates.com/cryptocurrency/education-centre/goldman-sachs-files-patent-for-fx-trading-on-a-blockchain/
