Singapore: Financial Bodies Create Blockchain-Based Prototype for Settlement of Tokenized Assets ByShaurya MalwaPRO INVESTOR Updated: 22 July 2021 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Singapore’s Monetary Authority (MAS) and National Stock Exchange (SGX) have partnered to develop a blockchain-based settlement process aimed exclusively at settling tokenized assets across diverse blockchain platforms, as per an official release on November 12, 2018. SGX Partners with MAS The two bodies have created a Delivery versus Payment (DvP) system to help simplify trade processes and quicken settlements cycles….Read More. The post by Shaurya Malwa appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News
