Impact of Digital Currency on Commodity Trading and Markets
- Pp. 59-61 (3)Jeffrey H. Matsuura
Digital currency platforms are now in use to process trades involving virtual currencies and other financial products. Enterprises such as LedgerX and TeraExchange are now seeking full regulatory approval to use the cryptographically-based distributed computer networks pioneered by digital currency systems for use to support financial trading exchanges and markets. These systems will be subject to full regulatory oversight, as our existing traditional financial markets. The key capabilities of the digital currency platforms include security, transaction history transparency, and cost efficiency. Those characteristics can make valuable contributions to the future success of financial markets.