ADB Pioneers Revolutionary Blockchain Solution for Cross-Border Bond Settlement

ADB Pioneers Revolutionary Blockchain Solution for Cross-Border Bond Settlement

The ADB successfully tested blockchain for cross-border bond settlements, dividing transactions into PvP and DvP parts. Key Points The Asian Development Bank (ADB) has made a groundbreaking announcement regarding the use of blockchain technology in cross-border bond settlements. The project, known as Project Tridecagon, was an ambitious undertaking that aimed to expand the delivery versus payment (DvP) system to international …

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