Switzerland: Credit Suisse Tests Blockchain for Processing Fund Trades

Reuters

Credit Suisse’s asset management arm has successfully tested blockchain to process investment fund trades, the latest financial institution to show an interest in technology that could speed up transactions and keep them secure. Credit Suisse Asset Management used a blockchain-based platform to process an unspecified number of trades, an online bank and an order-routing platform involved in the test said.

image via Shutterstock

Read More

Follow us on: