Blockchain Trial on Tokenized Assets Settlement in Singapore Complete

Blockchain Trial on Tokenized Assets Settlement in Singapore Complete

The blockchain technology trial for tokenized assets settlement has been completed successfully by the Singapore Exchange Limited (SGX) along with the Monetary Authority of Singapore (MAS). As per the report, SGX expressed optimism toward the blockchain abilities in enhancing the operation efficiency, reducing any settlement risk as it could automating the DvP process with smart contracts technology.

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