Tag: Blockchain technology in banking

Singapore's DBS Bank has introduced a new set of banking services tailored for institutional clients, incorporating tokenization and smart contract capabilities. The DBS Token Services will facilitate instant, real-time payment settlements through the bank's...

More than 40 financial firms have recently joined the Bank for International Settlements (BIS) in a collaborative effort to explore the potential of tokenization in enhancing wholesale cross-border payments. This initiative, known as Project...