Vanguard Is Now Using Blockchain Technology To Help Manage $1.3 Trillion In Index Funds

Vanguard, the 44-year-old mutual giant famous for popularizing index investing, has completed one of the most noteworthy implementations of blockchain technology for a financial institution to date. It’s now using blockchain—the distributed ledger software that underpins cryptocurrencies like bitcoin—to help manage data for some of its most widely used financial products, including its largest mutual fund, the $800 billion Total Stock Market Index Fund.


Read full article: https://www.forbes.com/sites/jeffkauflin/2019/05/30/vanguard-is-now-using-blockchain-technology-to-help-manage-13-trillion-in-index-funds/#693055548dfe

New York

632 Broadway, 5th Floor
New York, NY 10012

symbiont_logosSymbiont Logo Inverted4.pn
symbiont_logosSymbiont Logo Inverted4.pn