Source: Cointelegraph DBS Bank has launched its “DBS Token Services” for real-time blockchain payment settlements, using smart contracts for enhanced security and transparency. Singapore’s DBS Bank has introduced a new suite of blockchain-powered services for its institutional clients. In an announcement sent to Cointelegraph, DBS introduced the “DBS Token Services,” which facilitate real-time payment settlements… Continue reading DBS rolls out blockchain-based banking for institutions
Tag: banking
State Street Focuses on Tokenization Amid U.S. Regulatory Challenges
Source: The Tokenizer State Street Corporation, a major global custody bank overseeing $44.3 trillion in assets, has announced a partnership with Swiss digital asset infrastructure provider Taurus. This collaboration aims to enhance State Street’s digital asset services by focusing on the tokenization of traditional assets, with plans to expand into digital asset custody once the… Continue reading State Street Focuses on Tokenization Amid U.S. Regulatory Challenges
NFT as the new Swiss bank accounts for the Web3 era
Source: Cointelegraph This Swiss fintech aims to modernize banking infrastructure by using Web3 technology: ERC-721 NFTs for client IDs and ERC-20 tokens for deposits. Swiss fintech Fiat24 is rebuilding banking infrastructure using Web3 technology, utilizing ERC-721 to represent clients’ on-chain IDs and ERC-20 for deposits. From the early days of online banking and the digital… Continue reading NFT as the new Swiss bank accounts for the Web3 era
