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Vivek Singh Business Leader at Tech Mahindra

Blockchain triggers a wave of innovations in Banking Settlements

A successful demonstration of instantaneous clearing and settlement of securities using distributed ledger technology (DLT) by a Canadian consortium of Payments Canada, the Bank of Canada, TMX Group and R3, a couple of years back indicated that "Atomic transactions" in bilateral mode could save upto 30% of processing cost and cut T+3...

28 October 2021 /wholesale /cloud Blockchain Observations