Calastone to adopt blockchain by 2019

Calastone to adopt blockchain by 2019

London-based transaction network for investment funds Calastone to make the entire settlement through blockchain by May 2019. The transaction costs range up to $217 billion a month. Around $2billion could be saved in the global mutual fund market if the automated blockchain system is adopted. Calastone CEO said making cheaper and efficient system will be a win-win for everybody.

Leave a Reply