JSE Collaborates with Blockstation for Crypto Exchange as Tradable Assets
The news came out on Tuesday and mentioned that the organisation had marked a Memorandum of Understanding (MoU) with blockchain startup Blockstation for the making of another Digital assets and resources exchanging stage.
In a conversation with Coindesk, JSE managing director Marlene Street Forrest said
“The end game at the end of the day is to trade tokens, the end game is smart contracts, the end game is to provide that area of the market that would like this product, to start to do so in a secure manner.”
He also said that if cryptocurrencies are offered as investment products, it is definitely going to fit with other investment products like equity, bonds etc.
JSE’s infrastructure is being leveraged to the new platform and with the help & support of Technology provided by Blockstation, the system shall provide great purchases and trades to qualified investors.
“Our main goal is to give … a protected strategy for exchanging digital forms of money with agent merchants and stock trades,” he said.
“We’re giving the stock trade the innovation for an intermediary merchant system and vault, so that from end-to-end, their life cycle of exchanging – simply like with securities – they can do precisely the same thing with blockchain and digital forms of money.” The JSE is in no surge, be that as it may, and is setting aside its opportunity to guarantee that the dispatch is alright for financial specialists, Road Forrest said.
“We have a directing advisory group that was structured and defined to take a gander at the Blockstation item, to take a gander at the blockchain innovation as a rule and to experience the stages to guarantee that we comprehend what we are getting included with and are likewise prepared in what this whole exchanging of digital money includes,” she clarified.
In a conversation with CoinDesk Blockstation fellow benefactor and boss undertaking draftsman Jai Waterman revealed to CoinDesk that the startup has been working with the JSE for about a half year with the end goal to build up a custom variant of its stage for the trade.
According to her, Blockstation is giving the the technology & innovation, while the JSE’s foundation will be organized to the new stage, enabling qualified financial specialists to lead buys or exchanges.
