Tel Aviv Stock Exchange Launches Blockchain-Based Lending Platform
It will offer greater security and smart contracts in partnership with the Israeli FinTech The Floor
The Tel Aviv Stock Exchange (TASE) has developed the first platform of securities lending in its class based on blockchain technology. The project was possible in a joint work with the Israeli fintech The Floor, Accenture and Intel.
With this platform, Israel advances to the universe of the safest, interconnected, auditable and inviolable digital transactions. With this innovation they seek to enhance direct loans between financial instruments with the application of smart contracts.
The platform of the TASE is based on Hyperledger Sawtooth used by Intel Software Guard Extensions (Intel® SGX) to encrypt transaction data. In the case of Accenture, its function is aimed at developing smart contracts in the platform.
M.Pino
Source: Cointelegraph
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