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The London Stock Exchange Group looks to innovate with blockchain applications

The London Stock Exchange Group PLC (LSE:LON) COO and CIO Chris Corrado tells Proactive Investors the stock exchange is working on applications for blockchain technology both internally and directly with clients.

Corrado says internally the group is working on applications for blockchain to provide more cost effective solutions for some of the group's businesses and for its clients. He says initially the group adopted the Hyperledger fabric from IBM (an open source collaborative effort created to advance cross-industry blockchain technologies) and are working with other implementations now, as well.

Quick facts: The London Stock Exchange Group PLC

Price: 6790 GBX

LSE:LSE
Market: LSE
Market Cap: £23.75 billion
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