Digital Asset says blockchain platform allows confidential trades


Digital Asset Holdings, a blockchain startup backed by some of the world’s largest banks, said on Wednesday it had developed a platform to allow traders to use blockchain technology without giving out confidential information on their trades.

The new platform provides a solution to confidentiality issues holding back adoption of the nascent technology in financial markets, according to a report issued by the company, which is led by former JPMorgan banker Blythe Masters.

Blockchain, which first emerged as the software underpinning cryptocurrency bitcoin, is a shared record of transactions and asset ownership that is maintained by a network of computers on the internet. This means every user on a network could potentially have access to the details of every transaction.

While this reduces risks associated with discrepancies in data records held by different firms, it also makes it…


Read the full article from the Source…

Back to Top