New platform will digitalise trading, settlement and distribution of funds through distributed ledger technology.
The Monetary Authority of Singapore and Singapore Exchange developed two Delivery versus Payment capabilities for the settlement of tokenised assets across different blockchain platforms.
Northern Trust launched the first commercial blockchain solution for private equity administration in 2017, and earlier this year won US patents for two additional services on the platform.
Think about what blockchain technology can do internally for your organisation, says Digital Asset CEO
Blythe Masters believes internal benefits of blockchain technology might be being overlooked.
Joseph Lubin describes CSDs as “conceptual construct” that can take a decentralised form, forcing Euroclear to defend their role.
Europe’s data protection laws and the incoming CSD Regulation could prevent implementation of the technology in the post-trade area.
The DA platform processed more than four times the amount of trades per second than the latest DLT prototype developed by DTCC.
While providers are conscious existing systems are in need of reform, there is trepidation about developing technology which could be disrupted before it even goes live.
The patents build on the recently launched blockchain solution for private equity fund administration, which it partnered with IBM on last year.