Singapore: Financial Bodies Create Blockchain-Based Prototype for Settlement of Tokenized Assets

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