Goldman Sachs has developed its own cryptocurrency for a settlement system for trading stocks, bonds and other assets, according to a recently published patent filing. The New York-based financial giant made a patent application last year for a new virtual currency called SETLCoin, which makes it easier and faster to trade securities and settle those trades. (The patent application was published only recently, a typical lag between patent applications and when they are made public by the US Patent and Trademark Office.) While the trading desks at the world’s top financial institutions often rely on lightning fast technology to execute …
Goldman Sachs wants to create its own version of bitcoin
More of Today's Solutions
Period tax scrapped in Pakistan: what the ruling means for women
BY THE OPTIMIST DAILY EDITORIAL TEAM Two lawyers filed a court case. Thousands signed a petition. Pakistan just agreed to scrap its sales tax ...
Read MoreHow to reset your gut in 30 days, according to a gastroenterologist
BY THE OPTIMIST DAILY EDITORIAL TEAM You’ve probably spent more time than you’d like to admit wondering if something is off with your gut. ...
Read MoreThousands of people in the UK to receive landmark trials for dementia blood t...
In an effort to revolutionize dementia diagnosis, two large studies are planned to take place across the UK, offering thousands of concerned individuals blood ...
Read MoreHow to use borax spray safely and effectively around your home
BY THE OPTIMIST DAILY EDITORIAL TEAM If you’re looking to cut back on harsh chemicals at home, you’re not alone. More and more people ...
Read More
