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Vanguard Using Blockchain Technology to Simplify How it Updates Data
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Vanguard Using Blockchain Technology to Simplify How it Updates Data

Vanguard Using Blockchain Technology to Simplify How it Updates Data

Todd Anderson·
FintechNews RoundupUSA
·Dec. 13, 2017·1 min read

The $5tn mutual fund manager announced that they have successfully tested blockchain technology to automatically update data on index funds; types of data in the test included names and share prices of companies in index funds; the company stated they are not looking to blockchain to replace workers but give them more freedom to focus on other tasks; Vanguard follows other big name firms who have tested uses of the technology recently. Source.

  • Todd Anderson
    Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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