Spain's Madrid Stock Exchange will launch a blockchain-based certificate certification system by the end of this year

According to NovoBrief, Bolsade Madrid, Spain's largest stock exchange, will launch a blockchain-based certificate certification system by the end of 2019. The organization said: "Based on blockchain technology, it is possible to eliminate the creation and exchange of entity certificates in some transactions, digitize all processes, and ensure that all participants in the blockchain have real-time access to this information." Experimental evidence shows that the total time to use blockchain technology for end-to-end processes has been reduced by more than 80%.