Zimbabwe Stock Exchange (ZSE) is ready to introduce blockchain into its business processes subject to creation of regulatory certainty for usage of the technology – investment platform has learned.
According to exchange`s CEO Justin Bgoni, ZSE is interested in receiving profit from blockchain introduction. It’s possible only after creation of legislative framework for this field.
“We intend to use blockchain in the exchange`s business processes, but lack of regulation obstructs technology introduction. From the technological point of view, everything is prepared, though regulatory uncertainty slows down the process”, – he said.
According to ZSE analysts data, the stock exchange considers blockchain introduction into such products and services: trust securities invested in real estate on the mineral exchange and exchange-traded funds.