Deutsche Bank sees blockchain as key to tackling margin compre | Crypto | Ethereum | Bitcoin
Deutsche Bank sees blockchain as key to tackling margin compression
Deutsche Bank AG has announced its strategic push into blockchain technology as a potential remedy for the margin compression challenges facing the financial services industry, Bloomberg News reported on May 29. The German banking giant is participating in Singapore’s Project Guardian, an initiative led by the Monetary Authority of Singapore, which aims to harness the benefits of blockchain for financial markets.
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