Blockchain for Banking Capital markets News

JP Morgan, SIX, DBS discuss disrupting own biz with blockchain

disruption

Yesterday at the Singapore Fintech Festival, executives of major institutions such as JP MorganDBS Bank, and the Swiss stock exchange SIX discussed working on blockchain projects that will disrupt their own businesses.

Jos Dijsselhof, the CEO of SIX, spoke about the development of the SIX Digital Exchange (SDX), which recently gained regulatory approval and is expected to launch soon. He described the need to create a culture where different parts of the company challenge each other.

“Our digital exchange will be competing with our existing exchange. And they will be competing for business and issuance of new products and trading. And I think that’s a very exciting part of the journey we’re all on together,” said Dijsselhof.

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