Last Update
Mar 22, 2018
The evolving possibilities of technology have become remarkable, especially in the finance sector is one with significant effect. The Blockchain technology has taken the world by surprise and it has indeed proved its worth in various sectors. The stock exchange market is the next sector in which the Blockchain technology seeks to invade with unlimited promissory benefits. The stock exchange market or the stock market is where the buying and selling of stocks and other securities occur. It gives companies the opportunity to sell a part of their company’s ownership to individuals called stakeholders and by doing so they get money in return. In the stock market, there are a lot of intermediaries and middlemen who assist in the seeing of a successful exchange, however, they take a fee or commission.
These individuals are referred to as stock brokers as they are saddled with the responsibility of selling and buying securities for investors. The presence of a middleman in the stock market comes with a lot of disadvantages ranging from huge cost as a result of their commission, security and survival, wrong consultancy prediction etc. These problems are thus what the Wall Street Coin through the help of the Blockchain technology on which it is built on seeks to correct. The Wall Street Coin is thus dedicated to use the smart contract feature of the Blockchain technology to raise and enhance investors to see the opportunities present in the stock market.
In essence, the Blockchain technology can be utilized to answer issues of interoperability, transparency and trust. The long chain of process involved in having a successful transaction as a result of the numerous intermediaries, trade clearance operations and the regulatory process also is what the Blockchain technology seeks to correct. With the wide range of benefits available at the disposal of the Blockchain, the stock exchange could be at its best through decentralization and automation, reduction of cost imposed on customers, secured transfer of ownership and much more.
The implementation of the Blockchain is definitely the next reasonable step in the development of the Wall Street Coin platform as it aims to solve many of the problems encountered during exchanges that take place in today’s stock market.
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Verified 11%
Attention. There is a risk that unverified members are not actually members of the team
Positives
Provides symmetric information between ‘staff of experts’ and investors on the platform
Removes the need for a broker so transactions are fully transparent, building trust between the investor and the platform
Transactions are instantaneous, limiting the level of exposure to investors
Interoperable transactions create a diversified portfolio that minimise risk
Negatives
Wall Street Coins ‘staff of experts’ will evaluate information before making it public to investors. But if the ‘staff of experts’ make a mistake, investors could have the potential to make a huge loss.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
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