Blockchain technology is playing a key role in making the bond market more accessible to a wider range of investors, according to the chief of Philippine Digital Asset Exchange (PDAX).
In an interview with ABS-CBN News, the PDAX chief highlighted how blockchain technology is helping to democratize the bond market. By using blockchain, investors can trade bonds more efficiently and securely, without the need for intermediaries.
This technology allows for faster transaction speeds and lower costs, making it easier for retail investors to participate in the bond market. It also provides greater transparency and traceability, reducing the risk of fraud and manipulation.
Overall, blockchain technology is leveling the playing field and opening up new opportunities for investors in the bond market. With its ability to streamline processes and increase accessibility, it is revolutionizing the way bonds are traded.