BVC and fintech Contrato Marco to use blockchain technology in OTC derivatives market

The Colombian Stock Exchange (BVC) and the fintech Framework Contract announced an agreement to promote the Colibrí platform, which uses blockchain technology, to improve operational efficiency in the over-the-counter (OTC) derivatives market. The Colibri Consortium is made up of institutions such as Bancolombia, BBVA, Santander Caceis Colombia, Deceval, Marco Contract, Porvenir, Skandia, among others.

Source: La República