Wednesday, September 20, 2023

Vietnam

"The KRX system is an information technology system for managing and operating transactions on the Vietnamese stock market." 

The Vietnamese Stock Market is upgrading their system. They are calling on all of their IT professionals to upgrade into the new KRX technological system to be used on their Stock Exchange. 

This will enable them to digitally do stock transactions on a global scale. The expectation is for all security companies to be fully integrated by the month of December or answer to their clients for their failures in doing so.

Vietnam is moving along rather nicely. Months ago, we read where one of their Banks was fully Basel 3 compliant, and now we find they are about to be capable of utilizing their tokenized assets supported by gold standard protocols in the movement of their money from one transaction to another.

Can you imagine what this is about to do to their currency? 😉

© Goldilocks

https://vietnamnews.vn/economy/1593939/vietnam-stock-exchange-all-securities-companies-must-connect-to-the-krx-system.html

https://vietnamnews.vn/economy/1582814/krx-system-expected-to-run-at-the-end-of-2023.html#:~:text=The%20KRX%20system%20is%20an,Exchange%20(KRX)%20in%202012.

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