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/biz/ - Business & Finance


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15917640 No.15917640 [Reply] [Original]

>Derivatives are part of day-to-day banking and are used in companies and financial institutions to manage market risk such as changes in interest rates or exchange rates. But the handling of these products is very time-consuming. A cross-divisional DZ BANK team used Blockchain to develop a financial derivative designed to make trading easier and more transparent. Christian Fries from DZ BANK explains how it works and how the development in the InnoLAB of the DZ BANK Group went

>DZ Bank AG is the second largest bank in Germany by asset size[1] and the central institution for more than 900 co-operative banks and their 12,000 branch offices. Within the Volksbanken Raiffeisenbanken Co-operative financial network, which is one of Germany's largest private sector financial service organisations, DZ Bank functions both as a central institution and as a corporate and investment bank

>Total assets €506 billion (2017

https://www.youtube.com/watch?v=c6qGnrt-k1o

https://innovationsblog.dzbank.de/2018/09/12/derivative-finanzprodukte-neu-denken-inspiriert-durch-smart-contracts/

>> No.15917678

what do you know all the shill threads start coming up when chainlink starts dumping. FUCK YOUR SCAM COIN

>> No.15918083

damn it feels good to be a german