SEC explores blockchain technology to enhance trust, transparency in capital market – Punch Newspapers

The Securities and Exchange Commission (SEC) is looking into the potential of blockchain technology to improve trust and transparency in the capital market. The SEC is exploring how blockchain can enhance the security and efficiency of transactions in the market. This move is aimed at boosting investor confidence and ensuring a more transparent and secure trading environment. Blockchain technology has the potential to revolutionize the way financial transactions are conducted by providing a decentralized and tamper-proof system for recording and verifying transactions. By leveraging blockchain technology, the SEC hopes to create a more reliable and secure capital market that benefits both investors and market participants.