The Future of the Stock Market: Will Blockchain Replace Wall Street
Haliys Smit
Faster Settlements with Blockchain: Blockchain technology promises quicker transaction settlements, reducing delays and enhancing efficiency in stock exchanges
Enhanced Transparency and Security: Utilizing blockchain can increase transparency and security in trading, minimizing fraud and errors in the stock market
Cost Reduction through Decentralization: By decentralizing operations, blockchain may lower costs associated with intermediaries, benefiting both investors and institutions.
Regulatory and Integration Challenges: Despite its potential, integrating blockchain faces regulatory hurdles and requires significant adaptation from traditional financial systems
Hybrid Models: The Likely Future A complete shift to blockchain is unlikely soon; a hybrid model combining traditional systems with blockchain features may emerge