A major financial infrastructure provider in Switzerland has partnered with blockchain startup Digital Asset Holdings to build a proof-of-concept focused on securities market infrastructure.
SIX Securities Services and Digital Asset will create a “roadmap” for how the technology can be applied across the entire securities life-cycle.
Distributed ledger technology is “key” to the future of SIX Securities’ post-trading business, according to Division CEO Thomas Zeeb:
Zeeb said in a statement:
"We need to understand it, and more importantly, its applicability and future flexibility in order to keep ahead of the game. Partnering with Digital Asset is a way to accelerate our own development plans and leverage their experience in this area."
http://www.coindesk.com/swiss-finance-infrastructure-digital-asset/
