Back in November 2017, MEDICI reported on the X-Trade–SecurionPay partnership. It was a collaboration that gave X-Trade access to a technologically advanced payment platform – one that allowed the forex company to monitor all transactions in real time securely, detect irregularities, and deliver uninterrupted payments. Such partnerships are good for business, as it legitimizes the platform – a clear sign of a forex company’s desire and willingness to offer its traders the best services possible. Within the industry, legitimacy is key; safety and security are crucial, too – this is why blockchain technology can be extremely useful. In an interview, FirstLine FX founder Jason Leinwand claimed that blockchain technology holds true value in forex. Leinwand states that blockchain will “ultimately be a game changer in the FX and financial services business.” In the context of forex, in particular, the main benefit of blockchain technology adoption is the transparency it ensures….
How Blockchain Is Set to Disrupt the Forex Market
April 19, 2019