A Bitcoin logo is displayed at the Bitcoin Center New York City in New York's financial district

Canada’s TSX hires Bitcoin guru, studies currency’s technology

The Toronto Stock Exchange has hired a Bitcoin entrepreneur as its first chief digital officer as it explores the capabilities of blockchain, the technology behind the virtual currency, a senior executive at TSX parent TMX Group said on Thursday.

Anthony Di Iorio, who has founded several companies based on the technology, filled the role at Canada’s largest stock exchange in January, Jean Desgagne, chief executive of TMX’s Global Enterprise Services, said in an interview.

Stock exchanges are embracing blockchain, which allows Bitcoin users to conduct secure transactions without middlemen, as they seek to diversify and boost profit margins. When used to issue securities, the technology could potentially remove the need for clearing houses.

Related Story:  Troops repel insurgents ’ attack in Maiduguri

“Blockchain is a disruptive technology,” Desgagne said, noting that major changes could result from its potential adoption. “We’re focused on it, we’re going to learn.”

In January the Australian stock exchange said it had enlisted a blockchain startup to develop a new trade settlement system.

Nasdaq in the United States used the technology last year to issue securities to an unidentified private investor. Last month, Nasdaq said it was developing a blockchain-based shareholder voting system for its Estonian stock exchange.

Blockchain could make operations “better, faster, cheaper,” Desgagne said, but noted that, if adopted, the technology would be only one element in TMX’s digital operations.

Related Story:  Sokoto Assembly confirms 4 new Commissioners
[pro_ad_display_adzone id=”70560″]

Di Iorio and Desgagne declined to discuss details about potential blockchain projects at TSX.

Di Iorio is the founder of the Bitcoin Alliance of Canada and a co-founder of Ethereum, a blockchain-based computing platform.


Sundiata Post Media Ltd.

Address: 3rd Floor Office Suite, Bayelsa State Guest House, Plot 1038, Shehu Shagari Way, Maitama, Abuja, Nigeria.
Tel: +234(0)92900705, +234(0)8173460599
Whatsapp: +234(0)8053069436
BBM PIN: 5619150D
Email: info@sundiatapost.com
Website: www.sundiatapost.com

Enugu Regional Office: SW 1 New Haven Shopping Mall, Enugu, Enugu State, Nigeria.
Tel: +234(0)7062582838

London Office: 18 Belgrave Avenue, Wd18 7UE, Watford, United Kingdom.
Tel: +447417554143
Dubai Office: PAU Management Suite, Level 23 - Boulevard Plaza Tower 2, Emaar Boulevard,
P. O. Box 124342, Dubai, UAE.
Tel: +971 4 4096849 | Fax: +971 4 409 6850
About Us

SundiataPost is published by Sundiata Post Media Limited, Sundiata Post is Nigeria’s most authoritative online newspaper and ranks among the top five online news platforms in Nigeria.

Guild of Corporate online publishers
A Glance at Our Advert Rate.

Inside Pages

Size In Pixels - Amount

120×180 - N27,967.50

300×100 - N24,695

Text Link - N11,275

More Details info

About Us | Contact Us | Privacy Policy | Terms of Use | Advert Rate