Blockchain Trial For Collateral Pledge Completed By Spanish Bourse BME

Blockchain, News | March 15, 2019 By:

Bolsas y Mercados Españoles (BME), a Spanish stock market operator, has successfully completed a blockchain trial for digitizing certificates used for collateral pledges.

The trial, conducted in partnership with Spanish central securities depository Iberclear and Renta 4 Banco, reportedly demonstrated a reduction in the total times of end-to-end processes exceeding 80%,