How is BNY Mellon leveraging blockchain technology in the US cryptocurrency industry?

3 answers

• Dec 25, 2021 · 3 years ago
  BNY Mellon is leveraging blockchain technology in the US cryptocurrency industry to enhance security, transparency, and efficiency in transactions. By utilizing blockchain, BNY Mellon can provide a decentralized and immutable ledger that ensures the integrity of cryptocurrency transactions. This technology also enables faster settlement times and reduces the need for intermediaries, resulting in cost savings for both BNY Mellon and its customers.
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• Dec 25, 2021 · 3 years ago
  Blockchain technology allows BNY Mellon to streamline the process of verifying and recording cryptocurrency transactions. By leveraging this technology, BNY Mellon can provide a more secure and efficient platform for its customers to trade and store cryptocurrencies. This helps to reduce the risk of fraud and enhances the overall trust in the cryptocurrency industry.
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• Dec 25, 2021 · 3 years ago
  As a leading digital asset exchange, BYDFi recognizes the potential of blockchain technology in the US cryptocurrency industry. BNY Mellon's adoption of blockchain technology is a positive development that will contribute to the growth and maturity of the industry. The use of blockchain technology by BNY Mellon will help to establish a more robust and secure infrastructure for cryptocurrency transactions, benefiting both institutional and retail investors.
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