Blockchain Platform Lykke Opens First Latin American Office in Mexico

Lykke, a Swiss Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term company founded by former OANDA CEO Richard Olsen, announced today the opening of Lykke de México S.A. de C.V., a Mexican subsidiary designed to bring the Lykke Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term to the Latin American market.

Richard Olsen will speak at the Blockchain in FX panel at the London Summit 2017, join us there!

“We are thrilled to be in Mexico,” said Erwin Fedier, CEO of Lykke de México S.A. de C.V. “As the first carrier to serve Latin America directly, we are making the global marketplace available to millions of people.”

“Projects for our first institutional clients are already underway,” added Fedier. “We are also localizing our Lykke Wallet app, and we are getting ready to trade in Mexican pesos. The Lykke hallmarks of instant settlement and zero commission will, of course, be an integral part of our operations.”

This new subsidiary is the direct result of Lykke Streams, its platform for crowdsourcing contributions to projects. A project called “Set up a new Lykke venture in your city”, posted by Olsen, brought the team that would eventually become Lykke de México to the attention of senior leadership.

“After reviewing the various proposals that we received,” said Dr. Olsen, “we became convinced that Latin America was the right place for Lykke and that Erwin Fedier was the right person to head up our efforts there.”

The company hopes that Lykke de México will be more than just a branch office. They see it becoming a localized, responsive, and fully integrated part of the Latin American financial community and a vital point of entry to the Lykke Exchange.