{"id":135460,"date":"2024-08-14T12:00:15","date_gmt":"2024-08-14T09:00:15","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135460"},"modified":"2024-08-14T01:12:51","modified_gmt":"2024-08-13T22:12:51","slug":"dbs-bank-and-ant-international-launch-blockchain-based-treasury-solution","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/dbs-bank-and-ant-international-launch-blockchain-based-treasury-solution\/","title":{"rendered":"DBS Bank and Ant International Launch Blockchain-Based Treasury Solution"},"content":{"rendered":"<p><strong><a href=\"https:\/\/www.dbs.com\/newsroom\/DBS_launches_blockchain_powered_Treasury_Tokens_pilot_with_Ant_International_for_247_treasury_and_liquidity_management\" target=\"_blank\" rel=\"nofollow\">Announced<\/a><\/strong> on August 13, the DBS Treasury Tokens will be utilized by Ant International for real-time, multi-currency financial management.<\/p>\n<p>These tokens will operate on DBS Bank\u2019s private blockchain, which is designed for secure and controlled access. This blockchain integrates with the Ethereum Virtual Machine (EVM) and DBS\u2019s core payment systems, enhancing compatibility with various payment networks.<\/p>\n<p>Ant International\u2019s treasury management platform, Whale, will leverage these tokens for seamless liquidity management, benefiting from the bank\u2019s blockchain\u2019s extensibility and interoperability. Whale also incorporates AI and encryption to boost the efficiency of fund transfers.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/is-blackrock-about-to-launch-its-very-own-blockchain\/\" title=\"Is BlackRock About to Launch its Very Own Blockchain?\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/12\/blockchain-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Is BlackRock About to Launch its Very Own Blockchain?<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The DBS Treasury Tokens project builds on insights gained from the Monetary Authority of Singapore\u2019s (MAS) Project Orchid and Project Guardian, which explore the potential of tokenization.<\/p>\n<p>DBS Bank\u2019s global transaction services head, Lim Soon Chong, emphasized that this initiative addresses the growing need for scalable liquidity management in the e-commerce and on-demand sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DBS Bank has teamed up with Ant International to introduce a new blockchain-driven treasury and liquidity management system.<\/p>\n","protected":false},"author":3,"featured_media":31984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[23,28],"tags":[],"class_list":["post-135460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","category-fintech"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DBS Bank and Ant International Launch Blockchain-Based Treasury Solution<\/title>\n<meta name=\"description\" content=\"DBS Bank has teamed up with Ant International to introduce a new blockchain-driven treasury and liquidity management system.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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