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
The gene behind congenital deafness, and how a single shot is fixing it
BY THE OPTIMIST DAILY EDITORIAL TEAM A girl born without the ability to hear was having everyday conversations with her mother four months after ...
Read More8 sky events all stargazers should catch this month
BY THE OPTIMIST DAILY EDITORIAL TEAM The flower moon came and went on May 1. Most of what makes this month interesting is still ...
Read MoreNew studies are showing signs of lasting immunity to Covid-19
With all that’s happened in the past few months regarding the coronavirus, we could use a bit of good news. And that’s exactly what ...
Read MoreThis gigantic vertical greenhouse uses 100% natural light
Vertical farming is an amazing solution that allows us to grow fresh produce using a fraction of the water and land that traditional agriculture ...
Read More
