Cointelegraph spoke with the Sui network to better understand how blockchain is playing a part in enhancing security and efficiency for the Athens Stock Exchange.
The Athens Stock Exchange (ATHEX) is positioning itself to become a trailblazer in the financial world as it plans to integrate blockchain technology into its Electronic Book Building (EBB) system.
ATHEX announced the move in early March in collaboration with the Sui blockchain ecosystem to have securities minted as digital certificates for enhanced security, efficiency and transparency for its users.
The primary issuance process traditionally involves separate confirmations for securities allocation and settlement. However, integrating blockchain simplifies this by merging them into a single, streamlined confirmation.
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Source: https://cointelegraph.com/news/blockchain-revolutionize-digital-securities-management-stock-exchanges