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Benefits of Blockchain technology in trading

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Blockchain data is secured and authentic. Moreover, you can access this data at any time. Whether you talk about security settlement or clearing and delivery of shares, smart contracts can help in this. These auto-executing contracts make things simple and easy both for the investor and the broker.

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Page 1: Benefits of Blockchain technology in trading

Copyright © Blockchain Council www.blockchain-council.org 1

Page 2: Benefits of Blockchain technology in trading

Copyright © Blockchain Council www.blockchain-council.org

Benefits of Blockchain technology in trading

Ever since the world got to know about Blockchain technology, it seems to be ruling the news headlines. You can find so many people talking about this technology, and companies investing in this technology to make their business operations more efficient. The technology is expected to make a growth of CAGR of 67.3 % between 2016 to 2025. From providing an infallible platform for data exchange to providing a whole new avenue of opportunities, this technology has made a positive distribution in the world of technology. And while we talk so much about this technology, there are arduous efforts by companies like IBM, Deloitte, Facebook, and others to promote the use of this technology.

Things didn’t stop here; its use cases across different segments has made people talk about Blockchain. The focus of this blog is to highlight the use of Blockchain in trading and how it will be impacting the trade segment.

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Let's get started:

The key features of Blockchain that make it a useful technology for trading or for any business operations are:

● Transparency● Immutability● Data security● Decentralization● No third party governance

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Page 4: Benefits of Blockchain technology in trading

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Let's see how this can be useful for trading:

The key process of stock trading:

1. Placing the order to buy or sell certain securities at a specific price2. Contract note preparation by the broker3. Securities settlement4. Delivery and clearing of shares

If we have to sum it up, then we can say that the blockchain function via bookkeeping where every transaction is registered and is encrypted cryptographically, thus ensuring that all the data is safe and secure. Moreover, one can keep a tab on the real-time operations, thereby allowing you to check the authentication of the process. Every transaction is recorded permanently, thereby allowing the data or blocks to remain secured.

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What's next?

In the times to come, we are going to witness a rise in the use cases of Blockchain technology. If you too are willing to start your career in the field of Blockchain, this is the right time to enrol for this program. A good certification ensures that you get a complete idea and information about Blockchain and its concepts. Moreover, practical learning will expose you to put your learning into practice. Blockchain Council is a leading platform providing the right learning experience. So, for more information and enrollment for Blockchain certification is going to be the right move. So, without any delay, connect with the Blockchain Council and enrol for a Blockchain certification program today.

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THANK YOU!Any questions?You can mail us at

[email protected]

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