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29/11/19 04:05 UTC-5

Former CEO of UBS has created a platform for issuing digital securities

Claude Waelchli, the former head of the largest Swiss banking holding company, UBS, created a Tokenyz blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
platform, a startup that digitizes securities.  

 

The idea of ​​Waelchli

Waelchli, who worked as a director for about 12 years at UBS, said that digitizing assets could make the financial industry more efficient, optimized, and liquid. In accordance with the cryptocurrency news, he launched a digital securities platform in the United States. According to the current CEO of Tokenyz, he aims to bring the huge potential of tokenizationToken
– is an accounting unit that is used to represent a digital balance in an asset.Details
to technology companies in the financial sector, which will allow them to grow and develop more.

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See also: "HashCash has announced a blockchain partnership to end the exploitation of child labor"

#UBS #Waelchli #assets #digitization #valuablepaper #tokenization

Editor: Alyona Deryabina
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