London Stock Exchange and IBM Collaborative Block Chain Project


nnnIn June, IBM worked with Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Societe Generale and UBS to help small and medium-sized businesses in Europe manage, track and protect domestic and international transactions. Recently, IBM worked with Borsa Italiana, the Milan Stock Exchange, on the London Stock Exchange to develop a new system to create a shared record of all shareholder transactions, instead of paper trade certificates.n
nnTranslation: Annie_Xun
nMore and more global financial giants have worked with IBM to bring block-chain technology into the financial industry, and the London Stock Exchange (LSE, London Stock Exchange) has recently joined.n
nThese companies say they are developing distributed book technology to help small and medium enterprises issue securities.n
nSmaller companies have been at the heart of the IBM block chain project.n
nIn June, IBM worked with Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Societe Generale and UniCredit to help manage, track and protect small and medium-sized businesses in Europe Domestic and international transactions.n
nIBM works with BSEa Italiana, affiliated with LSE, to develop a new system to create a shared record of all shareholder transactions, instead of paper trade certificates.n
nUnion Chief Operating Officer, LSE Chief Information Officer Chris Corrado said the exchange “is committed to building, testing and upgrading our capabilities in the field of confidence in technology.”n
nHe said that data isolation and confidentiality are important. Currently, a small number of partners and customers are conducting preliminary tests.n
nMarie Wieck, general manager of IBM Chains, compared the impact of the block chain to the Internet in the 1990s. “Sharing important and secure Internet data in the shareholders’ network is difficult to achieve with traditional systems.”n
nIBM also works with the Trust Bank’s Northern Trust and Unigestion-managed private equity funds to conduct independent block-chain projects. Hoping to make Unigestion private equity fund investors easier to trade in equity.n

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