Hyperledger Foundation’s Post

Promising results from the Banque de France's Project Venus powered by Hyperledger Fabric & Hyperledger Besu. #hyperledger #fabric #besu #cbdc #tokenization #digitalcurrency Hyperledger Foundation Hyperledger India Chapter Banque de France

🌱 Innovation in Sustainability: HSBC and The Bank of East Asia, Limited (BEA) Asia Pioneer Digital Green Bonds for DLT Repo 🌱 In a groundbreaking move, HSBC and Bank of East Asia have set a new benchmark in the integration of sustainability with financial technology. By utilizing digital green bonds for Distributed Ledger Technology (DLT) repo transactions, these institutions are not only advancing the cause of green finance but are also showcasing the transformative potential of blockchain in the financial sector. Key Highlights: - Sustainable Finance Meets Innovation: This initiative marks a significant step forward in the use of digital instruments for promoting environmental sustainability through green bonds. - Enhancing Efficiency and Transparency: Leveraging DLT for repo transactions introduces unprecedented levels of efficiency, transparency, and security, setting a new standard for the industry. - Future of Finance: This collaboration between HSBC and Bank of East Asia underscores the growing importance of sustainable finance solutions and the pivotal role of technology in shaping the future of the financial landscape. Why It Matters: The successful deployment of digital green bonds for DLT repo transactions is a testament to the potential of blockchain technology in revolutionizing financial services. By prioritizing sustainability and leveraging cutting-edge technology, HSBC and Bank of East Asia are leading by example, demonstrating how financial institutions can contribute to a greener future while enhancing operational efficiencies. Join the Conversation: - What impact do you think digital green bonds and DLT will have on the future of green finance? - How can other institutions leverage technology to further sustainability goals? We invite you to share your thoughts and insights on this pioneering initiative. As we witness the merging paths of sustainability and technology, it's clear that the future of finance is not just digital but also green. https://lnkd.in/d3BijPWD Venu Borra Jonathan Garcia Amine Echtati Chris Sunderman Bob Gravestijn Sean White #HSBC #BankOfEastAsia #GreenBonds #DLT #Sustainability #FinTech #Innovation #DigitalFinance

CSJ Consulting Limited, in collaboration with HSBC and Deutsche Bank, is considering the development of an innovative electronic trading platform aimed at revolutionizing the bond market. The proposed platform seeks to address longstanding challenges by leveraging advanced technologies such as AI-driven analytics and real-time data processing. The initiative has garnered interest from prominent financial institutions like ING, Bank of Ireland, Barclays, Citigroup, and UBS, underscoring the industry's recognition of the need for innovation. 'The bond market's current inefficiencies often result in higher costs and longer transaction times,' the press release states. 'This new platform aims to streamline these processes, offering real-time pricing data, instant trade execution, and improved liquidity.' Key features include the use of machine learning algorithms to analyze market data and predict bond price movements, as well as the integration of blockchain technology for enhanced security and data integrity. Richard Martin Hill and Charles Brooks from CSJ Consulting Limited will play vital roles in the platform's potential development. The collaboration represents a collective effort to push the boundaries of bond trading, with the platform expected to attract a broader range of investors and position itself as a key player in the future of the market. @csj_consulting @hsbc @deutschebank @ing @bankofireland @barclays @citi @ubs #bondtrading #fintech #innovation #electronictrading #machinelearning #blockchain

You need a constant feedback loop to drive further innovation... Here are some of the 🗝 Key lessons learned from Siemens digital bond issuance by HSBC a few months ago: 🏛️ The European Investment Bank (EIB) emphasized the need for #custodians supporting native #distributed ledger technology (DLT) or DLT platforms that integrate with Swift for seamless client experiences. 🌐 💼 Digital #securities lack integration with existing infrastructure, affecting returns and usability. For example, Siemens highlighted that digital securities cannot be used as collateral at the European Central Bank. ❌💰 🧩 The fragmentation of digital securities, issued on standalone DLT "islands," hinders their use as triparty #collateral or for securities lending. 🧩🌉 💱 Liquidity pools take time to develop, necessitating the utilization of existing exchanges for greater market access. 💧📈 💼 Ramin Ghafari of Siemens Treasury sees potential in digital securities, noting an increase in issuances in Germany since the launch of Siemens' digital bond. 📈💎 📚 Challenges that need to be addressed include on-chain #settlement, developing #secondary markets, and differing legal requirements for central securities depositories across jurisdictions. 🔄🏦🌍 🎓 HSBC emphasized the need for extensive internal education across departments, particularly compliance and legal, to overcome misconceptions about the risks associated with bonds on distributed ledgers. 📚🧑🎓❓ More insights in this article: https://lnkd.in/gAzi_eu6 Gregory Stone, Ken Chapman

There are competing visions for the future of digital money. Launched at the Singapore FinTech Festival, a new report from the Oliver Wyman Forum, Inside The Competition For Big Money, explores how new digital forms of money – stablecoins, tokenized deposits and money market funds, central bank digital currencies (CBDCs) – may spur asset tokenization and drive a transformation of the high-value financial flows that pulse at the heart of the financial system. #OWForum #FutureOfMoney #DigitalMoney #SFF2023

There are competing visions for the future of digital money. Launched at the Singapore FinTech Festival, a new report from the Oliver Wyman Forum, Inside The Competition For Big Money, explores how new digital forms of money – stablecoins, tokenized deposits and money market funds, central bank digital currencies (CBDCs) – may spur asset tokenization and drive a transformation of the high-value financial flows that pulse at the heart of the financial system. #OWForum #FutureOfMoney #DigitalMoney #SFF2023

Great key lessons from Bart Cant. One of those lessons is the need for interoperability with Swift or more custodians supporting native DLT.

UBS, DBS Bank & SBI have completed the world’s 1st live repurchase transaction (Repo) on a public blockchain for a native-issued JPY digital bond, with the transaction being automatically & instantly settled using regulated digital payment tokens in 3 jurisdictions Japan, Singapore & Switzerland. Announcement - https://lnkd.in/gHd85yZH follow Caproasia | Driving the future of Asia Announcement: ���The transaction involved a repo to borrow tokenized Japanese Yen (JPY) against a JPY-denominated natively-issued digital bond, with the borrowed tokenized JPY used to finance the purchase of the same bond. The subsequent digital bond redemption and payment of principal and interest at maturity was executed on-chain as well, demonstrating the potential to cover an entire transaction lifecycle on a public blockchain.” Mike Dargan, UBS Group Chief Operations & Technology Officer: “With this pioneering transaction, we proved the feasibility of executing a fully automated and instantly settled transaction across several jurisdictions by leveraging a public DLT network under a strict compliance framework. The flexible nature of our UBS Tokenize service, allowed our partners to easily adapt and leverage our innovative product framework and technology capabilities, to their infrastructure and transaction needs.” Fernando Luis Vázquez Cao, CEO of SBI Digital Asset Holdings: “At SBI Digital Asset Holdings (SBI DAH), we are building an institutional grade digital asset ecosystem and are ready for its commercialization. This groundbreaking transaction demonstrates what can be done in Japan and cross-border, in providing innovative and efficient products and services to the market and clients. It is also an example of the strength of partnerships SBI DAH has with large global institutions and across the SBI group, with SBI SECURITIES as counterparty to the repo transaction and Shinsei Trust & Banking as the issuer of JPY stablecoin.” UBS, DBS Bank, SBI Digital Asset Holdings

#DeFi is rapidly evolving with real-world asset tokenisation Learn how this innovative trend is democratising access to high-value assets like Private Credit Funds. https://lnkd.in/dA5axZN9