The consortium assembled for the project believes that blockchain can help address the gaps in the market. They say it will allow for transactions to be made transparently and a record of these trades and the resulting holdings maintained in a stable, cost effective way until the shareholder registry is formally updated. KEB Hana will handle escrow. Hana Financial Investments will provide support to the unlisted companies. Amicus Lex will offer legal advice, while the accelerator association and the techno park will do the marketing and promotion for the platform.

https://www.coindesk.com/south-korean-traders-are-creating-a-blockchain-for-otc-securities?utm_medium=email&utm_source=fintechweeklycom