Adoption of NEM’s Symbol Blockchain Increasing Among Central Banks and Startups

[VeryWellDone]

Only months ago, we were reporting on the release of  ‘Symbol’.  A product of NEM, Symbol is a hybrid blockchain, built specifically with enterprises in mind.  Symbol’s hybrid blockchain brings together the advantages of private and public blockchains to provide the best of both worlds for enterprise users and their customers.

The launch of Symbol marks a focused effort towards servicing the security token arena, and makes full use of the widespread flexibility, and functionality, that the Symbol blockchain offers.

Today, we highlight two recent instances of adoption of Symbol by a promising startup and a central bank.

Read more here: https://www.securities.io/adoption-of-nems-symbol-blockchain-increasing-among-central-banks-and-startups/

[Rollinginthedeep]

Why do banks and startups need them though? It will mess up their existing processes.

That's definitely one of the cons, where they have to modify everything else. But if they're in dire need of improving speed, reducing potential fraud and lowering costs, then this is the solution.

[VeryWellDone]

Why do banks and startups need them though? It will mess up their existing processes.

That's definitely one of the cons, where they have to modify everything else. But if they're in dire need of improving speed, reducing potential fraud and lowering costs, then this is the solution.

It probably is. After all, transparency throughout the whole process, improving efficiency and productivity whilst reducing costs at the same time.

Which I think is applicable through all industries. These factors can easily boost up Symbol's token price
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