Scotland to Start Own Stock Exchange Using Blockchain Technology

By Timothy Sohn Oct 31, 2016 8:48 PM EST

(Bloomberg) – Scotland may get its own stock exchange using the latest, if unproven, technology to underpin the system. Scotex is seeking to raise as much as 15 million pounds ($18.4 million) to start a regulated equity market next year, according to a statement on Thursday. Executed trades will be processed by the type of distributed-ledger technology that drives bitcoin.

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