In December, 2015 International Organization of Securities Commissions (IOSCO) Secretary General David Wright said that BLOCKCHAIN could revolutionize market-data transfers and i n February 2016, International Securities Regulators voted to commit to undertake further study into the impact of blockchain technologies on the global capital markets
XBRL is a globally accepted standard for electronically or digitally sharing information across the internet and between computers. Securities Commissions, Ministries of Finance, Tax Authorities and other government agencies in many countries now require the use of the XBRL standard when organizations report their information to them
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