Home > web3.0 > DBS Bank Unveils DBS Token Services to Merge Tokenisation and Smart Contracts With Banking Solutions

DBS Bank Unveils DBS Token Services to Merge Tokenisation and Smart Contracts With Banking Solutions

Patricia Arquette
Release: 2024-10-18 19:30:23
Original
615 people have browsed it

DBS Bank has unveiled its latest innovation, DBS Token Services, a suite designed to merge the strengths of tokenisation and smart contracts with its acclaimed banking solutions.

DBS Bank Unveils DBS Token Services to Merge Tokenisation and Smart Contracts With Banking Solutions

DBS Bank has launched DBS Token Services, a suite of services that combines the strengths of tokenisation and smart contracts with DBS's banking solutions. This initiative marks a significant advancement in transaction banking capabilities, introducing round-the-clock real-time settlements for institutional clients.

The service integrates DBS's Ethereum Virtual Machine-compatible blockchain with its key payment systems, enabling instant payments across multiple infrastructures. With smart contract features, institutions can now manage transactions under pre-defined conditions, enhancing security and transparency while setting a new standard for operational workflow efficiency.

Services such as Treasury Tokens, Conditional Payments, and Programmable Rewards are being introduced as part of this initiative, showcasing DBS's continued commitment to pioneering blockchain technology in banking. These advancements aim to enhance liquidity management, operational resilience, and innovative client engagement in today's digital-first economy.

The above is the detailed content of DBS Bank Unveils DBS Token Services to Merge Tokenisation and Smart Contracts With Banking Solutions. For more information, please follow other related articles on the PHP Chinese website!

source:php.cn
Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Latest Articles by Author
Popular Tutorials
More>
Latest Downloads
More>
Web Effects
Website Source Code
Website Materials
Front End Template