Blockchain and securities trading

1. From the perspective of securities, why can blockchain become a disruptive technology
basically, it is the first blockchain solution that can be used by all the financial giants in the world. This is a private equity market. In this system, many start-ups can put the stock equity system in the architecture and trade. As we all know, many start-ups are delaying their IPO time more and more, resulting in more and more unicorns around the world. Indivials for unicorn, in fact, equity flow also has such demand, so NASDAQ thinks it is a very big blue ocean. They have built a blockchain based system in which these private equity can be easily registered and traded. NASDAQ has made a lot of efforts in this area, and completed the first transaction last year, and completed the equity voting system based on blockchain last year, so we can see that Nasdaq has made a lot of efforts in this area CCTV)
the only advantage of blockchain is that the information recorded above cannot be tampered with, and anyone can view it. European crowdfunding makes use of this feature of blockchain to make crowdfunding projects more open and transparent, and the flow of funds can be checked.

2. Of course, it's the same, different concepts, different subjects, as long as it's stocks, the rules and steps of trading are the same.

3. Blockchain is not good or bad for the securities instry. Blockchain is just a technology that can be used by anyone and enterprises. Blockchain can optimize the securities instry, but it's not good or bad. It varies from person to person
nowadays, many instries are studying how to use blockchain technology. For example, Ruitai coin is the use of blockchain technology, which is an innovation of asset digital currency.

4. It must be different
stock speculation refers to the speculation on the stocks of real enterprises. Every real enterprise is different, and the stock price is also different
at present, most of the fried currency is air currency;

5. First, blockchain is still in the conceptual stage, and has no actual commercial use. Stock price speculation is just spread speculation, not investment
Second, short-term funds such as hot money are the main participants in blockchain stock speculation, and chips are not stable
so the result is your problem

6. Jingdong Vientiane data platform (hereinafter referred to as Jingdong Vientiane) under Jingdong wants to protect the interests of both sides of data transaction and let data flow through blockchain Technology (using the basic structure of Ethereum). In short, JD Vientiane uses the blockchain technology to build an alliance chain, which turns the data into a protected virtual asset through the unchangeable characteristics of the past data of the blockchain, ensuring that every transaction and data has a certificate of authenticity. In other words, before the data transaction, JD Vientiane will confirm the right of the seller's data, clarify its ownership, and synchronize the right confirmation certificate to each node. Without permission, the data provider can ask for legal protection by illegally selling the data that does not have the right confirmation certificate, or the certificate does not match the blockchain right confirmation. This not only solves the concerns of data providers, but also solves the demand of data demanders to find compliant and legitimate data In China, blockchain has also attracted the attention of most domestic star enterprises. For example, China Post and IBM have cooperated to develop a blockchain asset custody system; Based on the blockchain technology, Puyin group launched the tea based digital currency Puyin.

7.

The application of blockchain technology in the securities instry can increase the flexibility of securities issuance. Companies issuing securities can adopt smart contracts, and even issue securities 24 hours in an ideal state by setting the way and time of securities issuance

under the operation of smart contract, the buyer and the seller are automatically paired, and the settlement and clearing steps are automatically completed through the distributed digital registration system. The transaction records on the blockchain will not be changed casually, so the information entered has the effect of publicity in practice, so there will be no dispute about the confirmation of ownership in the stock exchange

in addition, blockchain technology makes the securities trading process more open and transparent. Through the blockchain technology, the securities instry does not need core institutions to operate and manage, nor does it need investment banks to underwrite, so as to achieve real point-to-point transactions, rece the illegal activities such as the black box operation and insider trading in securities trading, and realize the effective supervision of the securities instry

8. In the traditional asset management such as equity and securities field, the process takes a long time in the cycle, which will lead to the increase of intermediate business cost, transaction fees, information fraud and leakage, and it is easy to have risks. Moreover, it is managed by different intermediaries, which improves the transaction cost of assets and brings the problem of certificate forgery. And then lead to the judicial insecurity and regulatory loopholes under the black trading. Using blockchain to upgrade securities trading to automatic execution of intelligent contract, based on its characteristics, that is, point-to-point transaction transmission, saving intermediate process and link, recing cost loss, and privacy and security of trading information, it can change the trading efficiency of stock market and realize privacy and security of information; However, in order to run normally, the intelligent transaction based on blockchain must comply with the legal regulatory framework, and the corresponding laws and regulations need to be issued from the regulatory level.

9. The changes are as follows:
1. Blockchain technology can realize the automatic transaction settlement of the exchange, bypass the third party, improve the transaction speed, rece costs, rece operational risks and human errors
2. At present, blockchain technology is mainly used for post transaction clearing services, as well as equity trading management in the OTC market, rather than the mainstream exchange market. The reason is that blockchain technology needs a lot of storage space and a long confirmation time, coupled with the limitation of transaction speed, it is not suitable for centralized floor trading
3. Because of its confidentiality and unchangeable characteristics, blockchain is suitable for securities registration and can rece the registration time
4. Blockchain technology is a double-edged sword for the exchange. On the one hand, it helps the exchange rece the operating costs and risks, and on the other hand, it also reces the income of the exchange in clearing (the decrease of settlement fees and the shortening of settlement cycle will rece the interest income of the custody bank and settlement company). Therefore, for the exchange, it is necessary to develop new data services to make up for the revenue after using the blockchain
of course, blockchain will also have some positive effects on traditional instries. Blockchain has had a positive impact on crowdfunding, banking and tea collection. Puyin group launched the tea based digital currency Puyin.

10. In the links of securities issuance, securities trading, securities clearing and settlement, more wonderful application problems can be focused on SMIC blockchain service platform for real-time understanding