& It is unnecessarily costly to operate a business, financial institution, or
financial intermediary where human workers are doing jobs that computers are capable of handling faster, more efficiently, and with less error than human workers.
Not exact matches
And in the case of
financial institution a relevant place to apply it would be
where it's important for a particular product or service to have either more trust from third parties or to engage third parties in building a network without a traditional
intermediary.
Where financial systems were previously clunky, slow, and expensive to use, bitcoin provides a common language that computers can use to transfer money quickly and securely, and at a potentially much lower cost because it is a system with no
intermediaries or banks.
Where public market investments rely on several
financial organizations to perform various services from acquisition and development to offering diversified portfolios of REITs, Fundrise uses technology to consolidate these functions and reduce the number of
intermediaries in the value chain.
Faircent About - What we at Faircent.com essentially do is provide a virtual market place
where borrowers and lenders can interact directly, without having to go through the traditional
financial intermediaries like banks, who have become such behemoths in today's time that they dictate all terms and conditions for both borrowers and lenders.
These payments also may be made as an expense reimbursement in cases
where the
financial intermediary provides shareholder services to Fund shareholders.
Approved brokerage platforms
where the Fund is on a recommended list compiled by a
Financial Intermediary's research department as of the Closing Date may continue to utilize the Fund for new and existing accounts.
The Software does not constitute an account
where We or other third parties serve as
financial intermediaries or custodians of Your bitcoin (s).
Issuers or
financial intermediaries of the ICO would also be subject to licensing requirements of the Singaporean legislation, and will also have to comply with the requirements for countering money laundering and financing of terrorism.It is worth mentioning also that the Singapore regulator also speaks about licensing of cryptocurrency exchanges,
where tokens of projects will be traded after ICO: «In addition, platforms facilitating secondary trading of such tokens would also have to be approved or recognised by MAS as an approved exchange or recognised market operator respectively under the Securities and Futures Act.»