NEM (XEM) - Crypto startup Zeus Exchange uses NEM to transform shares
by
Sateetje
on 28/11/2017, 12:53:20 UTC
It will soon be possible to buy shares anonymously and securely anywhere in the world via cryptocurrency. And for smaller investors, shares of shares will be available, all for almost no transaction fees. TechCrunch Shanghai exhibitor, Russian startup Zeus Exchange, has registered in Singapore and become licensed in Cyprus to trade shares using the smart asset blockchainthe worlds firstdeveloped by Chinese firm NEM. The framework could be particularly successful in China due to it allowing access to exchanges all around the world via Cyprus. Plus anonymously, and at small scale.
It had to be NEM because theyre the only ones offering an asset blockchain. We did consider Ethereum until we realized that wasnt even possible and Bitcoin obviously has already had break-ins, said portfolio manager Olga Duka, referring to the fact that Bitcoin has been stolen. This should not be possible with the multi-signature security required by NEMs system.