[2016-03-22]Bolero Uses Blockchain Technology to Provide Secondary Market For Cr

Bolero Crowdfunding is launching the first European Blockchain application and getting those taking part in their Inspiration Sessions to invest virtually in start-ups in an Investment Game. The game directly illustrates the possibilities of Blockchain in the creation of additional liquidity for securities offered by unlisted companies and opens the way to the development of a Blockchain based secondary market, on which crowdfunding financial instruments can be traded.

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The Blockchain is seen as the main technological innovation of the crypto-currency ‘BitCoin’,” explains Matthew Van Niekerk, head of Platform Innovation for the Bolero Crowdfunding Platform. “Users can trust the system of the public ledger stored worldwide on many different decentralized nodes as opposed to having to establish and maintain trust with the transaction counterparty (another person) or a third-party intermediary (like a bank). The Blockchain as the architecture for a new system of decentralized trustless transactions is the key innovation

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Users can trust the system of the public ledger stored worldwide on many different decentralised nodes as opposed to having to establish and maintain trust with the transaction counterparty (another person) or a third-party intermediary (like a bank). The blockchain as the architecture for a new system of decentralised trustless transactions is the key innovation

http://www.the-blockchain.com/2016/03/22/bolero-uses-blockchain-technology-to-provide-secondary-market-for-crowdfunding/

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