Hanwha Chooses Chainlink Data and CCIP for Global Tokenization Platform

Share

Hanwha Investment & Securities announced on October 29 that it would use Chainlink data standards and the Cross-Chain Interoperability Protocol, or CCIP, for a global real-world asset tokenization platform. The firm and Chainlink also formed a working group focused on collateral and institutional use cases. The project is intended to provide reliable market data, interoperable transfer rails, and standards that allow eligible tokenized instruments to be used as collateral across jurisdictions and trading venues. The announcement does not confirm that the platform is fully operational, that collateral has already been used, or that tokenized instruments have universal legal recognition. Key indicators to monitor include named issuance programs, supported asset classes, integration with custody services, and live collateral transactions.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items