The global custodian, BNY Mellon, is targeting a massive shift in the financial industry by integrating blockchain technology into its operations.
Source
"BNY Mellon to Leverage Blockchain in Transfer Agency Market" — CoinDesk
This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.
The company plans to use distributed ledger systems to enhance efficiency and security while handling fund transfers for its clients.
