-1/2 years as an alternative trading system (ATS). TradeWind Markets is working on a blockchain solution to the problems within the gold trading market. TradeWind’s board member and a managing director at Bain Capital Ventures , Matt Harris said the current system is too "slow and opaque" and has "lots of room for error. " The company plans to use its own cryptocurrency called Goldcoin as an alternative means of payment in order to speed up transactions between buyers and sellers. " Earlier this year, itBit was chosen the by the Euroclear group to examine opportunities for a "next generation settlement service" for the London gold market.
TradeWind Markets is working on a blockchain solution to the problems within the gold trading market. TradeWind’s board member and a managing director at Bain Capital Ventures , Matt Harris said the current system is too "slow and opaque" and has "lots of room for error. " The company plans to use its own cryptocurrency called Goldcoin as an alternative means of payment in order to speed up transactions between buyers and sellers. " Earlier this year, itBit was chosen the by the Euroclear group to examine opportunities for a "next generation settlement service" for the London gold market.