Mudiwa Gavaza is joined by Connie Bloem, co-founder and executive head at Mesh.Trade.
A new trading platform hoping to get more South Africans into the world of investing is the focus in this edition of Business Day Spotlight. Bloem says Mesh is a financial markets platform for cross-asset issuance, trade, investment and management of digital and financial assets. The platform make use of blockchain — the technology underpinning asset classes such cryptocurrencies — to deliver services to clients, among others.
Local players are encouraged by news that SA’s central bank would be taking steps to formally embrace new technologies and finance systems in mainstream financial markets. In July, deputy governor Kuben Naidoo announced the Reserve Bank’s plans to declare cryptocurrency a “financial product” and its intent to develop a regulatory framework around it within the next 12-18 months.
Topics of discussion include: Mesh.Trade’s business model; the rationale for decentralised finance; who has embraced these financial products; the development of alternative financial asset classes; regulation; and the outlook for the business.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PHOTOS | All the stunning red carpet looks at SAMA28 | ChannelSouth Africa's finest stunned on the red carpet at the 28th South African Music Awards.
Read more »
Virologist warns of another Covid-19 wave to hit SAVirologist Professor Barry Schoub has urged South Africans to prepare for another Covid-19 wave.
Read more »
South Africa: Road Accident Fund's New Rule Irks - South African News Briefs - August 29, 2022
Read more »
Comrades 2022: Drama, tears, elation and how the 'Ultimate Human Race' was all SA needed it to be | SportThey call it the 'Ultimate Human Race', and it surely is, but Sunday's 2022 Comrades Marathon was also the ultimate reminder of exactly why this gruelling event is accepted as one of the most uniquely South African dates on our sporting calendar.
Read more »
Thuso Mbedu pens heartfelt message to her granny: 'Your girl has achieved a lot of her goals' | ChannelThe South African actor, who is quickly becoming a rising star in Hollywood, penned a heartfelt letter to her granny while sharing her Women's Health SA cover.
Read more »