DBS Bank har testat blockchain-teknik för valutatransaktioner

• Den största långivaren i Sydostasien, DBS Bank, har testat handel med utländsk valuta och statspapper med hjälp av tillåtna decentraliserade finans (DeFi) likviditetspooler på en offentlig blockkedja,
• The testing was done in collaboration with known players in the financial industry, and DBS Bank Ltd., JP Morgan, and SBI Digital Asset Holdings worked together under Singapore’s Project Guardian.
• Project Guardian is an innitiative between Singapore’s government and the city-state’s financial industry and its goal is to explore the benefits associated with the integration of blockchain technology

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DBS Bank, one of the biggest names in the banking industry, and the largest lender in Southeast Asia, has confirmed that it was among the first few banks to test the trading of foreign exchange and government securities using permissioned decentralized finance (DeFi) liquidity pools on a public blockchain as a part of Singapore’s Project Guardian.

Den Singapore-baserade DBS-banken tillade också att affärerna under Project Guardian testades för att utforska och testa finansiell teknologiutveckling i stadsstaten med hjälp av ny teknik som blockchain och decentraliserad finans (DeFi). Enligt a Rapportera, bestod affärerna av köp och försäljning av tokeniserade Singapore-statspapper tillsammans med Singapore-dollarn, japanska statsobligationer och japanska yen.

Project Guardian is an innitiative between Singapore’s government and the city-state’s financial industry and its goal is to explore the benefits associated with the integration of blockchain technology in the traditional finance industry with the help of asset tokenization and DeFi. Moreover, the project also aims to reduce the risks to financial stability and integrity while carrying out this task.

“This test trade has demonstrated that by harnessing the power of blockchain, the standards by which financial institutions currently deal with each other can be transformed and reimagined for greater efficiency and transparency,” said Han Kwee Juan, group head of strategy and planning, at DBS.

Dessutom är det också viktigt att notera att testningen gjordes i samarbete med kända aktörer inom finansbranschen, och DBS Bank Ltd., JP Morgan och SBI Digital Asset Holdings arbetade tillsammans i denna nya satsning. Testningen involverade skapandet av en tillåten likviditetspool bestående av tokeniserade obligationer och inlåning.

This venture from the financial giants comes at a time when the financial regulator of the city-state, the Monetary Authority of Singapore (MAS), aims to lead the global crypto industry with blockchain adoption and regulation of digital assets. However, the regulator is also taking measures to prevent financial disasters like Do Kwon’s Terra ecosystem collapse.

Enligt Han gav handel i en tillåten likviditetspool fördelen av omedelbar handel, avveckling, clearing och förvaring samtidigt, vilket löser flera problem relaterade till traditionell finans genom att minska friktionen och minimera riskerna. Dessutom tror DBS Bank att integrationen av blockchain-teknik kan förändra nuvarande handelsprocesser.

“A highly liquid market attracts more investors and achieves efficiency gains by bypassing intermediaries,” Han said in the statement. 

Furthermore, in a statement, Sopnendu Mohanty, Chief FinTech Officer at MAS, stated that the live pilots “demonstrate that with the appropriate guardrails in place, digital assets and decentralized finance have the potential to transform capital markets.”

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