Blockchain-based Stock Market is Preparing for the First Company to Trade
Blockchain-based Stock Market, which is called SprinkleXchange is preparing for the first company to be processed on the platform.
Alexander Wallin, CEO of Sprinkle Group SA, said the platform, which uses the Ethereum blockchain for offset and netting, is being prepared for the first company to be traded in June. The company expects SprinkleXchange to host around a thousand companies over the next three to four years.[caption id="attachment_164905" align="alignnone" width="1257"] Blockchain-based Stock Market is Preparing for the First Company to Trade[/caption]
“In We have the luxury of being the first to do so, but we are aware that this will be a crowded market. It's like switching from VHS to the Internet. Netflix did it well and it was the first, but now there are many sites that broadcast on the Internet. ” said in the phone conference.[caption id="attachment_157291" align="alignnone" width="2239"] Blockchain-based Stock Market is Preparing for the First Company to Trade[/caption]
Targeting companies with a market value of between $ 20 million and $ 200 million, the platform attracts attention from all sectors, from real estate to forestry and biotechnology, according to Wallin. Looking for companies with a global investor base, the stock market targets investor groups that are familiar with the new technology.Related News: Bitcoin has exceeded $ 10,000