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Blockchain stock exchange for small businesses launched in Macau

The Micro Connect (Macau) Financial Assets Exchange will allow the trading of certificates that give investors a share of the daily revenue of Chinese companies

The former director of the Hong Kong stock exchange launched a new exchange in Macau on Saturday, based on ‘blockchain’ technology, which wants to help micro and small Chinese companies to attract foreign investment.

Unlike conventional exchanges, where transactions involve debt securities and shares of companies, the Micro Connect (Macau) Financial Assets Exchange will list a new financial product: certificates that give investors a share of the daily revenues of companies.

Read more at Hoje Macau

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