Sentences with phrase «of existing financial infrastructure»

By using cryptocurrencies, Change can surpass drawbacks of existing financial infrastructure.

Not exact matches

Hong Kong has a strategic position and a wealth of international experience and infrastructure that can continue to play a very important role in the growth and expansion of China's financial markets, and bridge gaps that still exist between China and international markets.

As blockchain projects such as Gnosis, Factom, and Stellar, along with technology conglomerates and financial institutions, begin to integrate the blockchain with existing infrastructures and technologies, they are encountering an increasing number of challenges.

«Cryptocurrencies have struggled in the past to be widely adopted because the technologies were still being developed and the necessary infrastructure was not in place yet,» said David Chen, vice president of financial strategy, Sparkle Coin, Inc. «Sparkle Coin represents the second generation of cryptocurrencies that will push through the barriers because it's already fully funded, asset - backed and easy to integrate with existing payment infrastructure.»

Due to the nature of these principles and how they interact within existing financial infrastructure, changing legacy infrastructure by integrating a blockchain that does not comply with these principles is far more time consuming and costly.

It will offer repo to the existing 1.6 million client base of Changelly, an established and trusted crypto exchanger, and then integrate the platform into financial market infrastructure to win broad acceptance among potential B2B repo users, including Changelly.

Existing financial infrastructure is a fragmented collection of partial information spread across siloed data stores.

The milestone signifies a major development for the financial infrastructure provider, one that also marks a continuation of the largest effort yet to adapt an existing financial infrastructure to a blockchain.

Deploying smart contracts and powered by the tokenization of assets, the BANKEX platform enables off - balance sheet crowdfunding and chain finance to function on existing infrastructure, creating novel and efficient solutions for banks and other financial institutions.