Deutsche Bank Securities Services in Singapore and Hashstacs Finalize PoC on DLT for Sustainability related Digital Bonds

Deutsche Bank Securities Services in Singapore and Hashstacs Finalize PoC on DLT for Sustainability related Digital Bonds
Deutsche Bank’s Securities Services business in Singapore and
Hashstacs
(STACS) have reportedly finalized their proof-of-concept (PoC), called
Project Benja, on the use of distributed ledger technology (DLT) for crypto-assets and sustainability-related digital bonds.
Set in the context of the nascent tokenized securities in the securities market, the teams from the two organizations worked cooperatively on achieving digital assets interoperability across various platforms (along with support for custody solutions)
STACS and the Deutsche Bank Securities Services were awarded the PoC grant on October 29, 2020. They’ve acquired the funding support for conducting relevant experiments, development and implementation of new technologies in order to support the digital financial services sector.

Related Keywords

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