Iran’s capital market should genuinely consider use of blockchain technology as it can help address some major needs and at the same time create new vistas for reviving the share market, said Majid Eshqi, head of the Securities and Exchange Organization.
"At the latest in two years we will be compelled to make use of blockchain technology…It will not be long before we start tokenizing physical assets and stocks that can be easily traded on the new platforms," SENA quoted Eshqi as saying.
Now is the time to start the infrastructure process in earnest "considering blockchain's potential in solving existing issues such as verifying the IDs of shareholders," he stressed.
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