Blockchain for Securities
Discover how web3 is emerging in the Securities industry.
Companies we’ve helped with their web3 strategy
What challenges face the Securities industry?
The Securities industry faces a few key challenges including: Automation and Controls, Settlements and Exchange Rates.
Insufficient skilled personnel for automation and control systems can result in inefficiencies and downtime in industrial processes.
Unequal allocation of financial resources can lead to disputes and destabilization of established economic systems.
Inaccurate exchange rates can cause financial losses and obstruct global trade and investment due to incorrect currency conversions.
[Blockchain] is the biggest opportunity set we can think of over the next decade or so.
Robert Greifeld
Former Chairman, Nasdaq
What are use cases for blockchain in the Securities industry?
Blockchain can be used to solve problems in the Securities industry including KYC/AML, Real World Assets (RWAs) and Tokenization.
Blockchain facilitates secure and efficient KYC/AML (Know Your Customer/Anti-Money Laundering) processes, ensuring meticulous verification and management of customer identities and compliance data.
Blockchain can be used to create digital representations of real-world assets, enhancing transparency and efficiency in transactions and ownership transfers.
Blockchain enables tokenization, establishing a decentralized, secure system for representing and exchanging digital assets and tokens.
How can Alchemy help Securities companies with their blockchain strategy?
Alchemy's team of blockchain experts and enterprise-grade web3 development platform can help Healthcare companies plan, build, and scale new blockchain initiatives.
With Privy's embedded wallets and Alchemy's Account Abstraction APIs, developers can abstract away the complexity of creating a wallet, managing a seed phrase, paying gas -- all without compromising self-custody or decentralization.
Henri Stern
CEO & Co-founder, Privy