The Abu Dhabi Securities Exchange, ADX, has deployed a cost-effective, cutting-edge technology to streamline financial transactions and ensure efficiency.
“Blockchain is the most innovative technology in areas of digital transactions. It represents the second generation of the internet and has enabled ADX to join the elite top 10% of institutions globally which have already taken steps forward in adopting this technology,” Al Blooshi added.
Blockchain enables financial transactions between two participants in a safe, trusted and irreversible way, without relying on a third party, which in turn ensures cost reduction and more transparency and efficiency in trading transactions.
