🚀 **DBS Bank Embraces Blockchain with New Services!**
- Singapore's DBS Bank has rolled out "DBS Token Services" for real-time payment settlements using a permissioned blockchain.
- These blockchains, while not fully decentralized, offer enhanced security and transparency through smart contracts.
- The bank's Ethereum Virtual Machine (EVM) compatible chain was also highlighted in their recent treasury tokens pilot.
- DBS aims to optimize liquidity and streamline operations, marking a significant leap in transaction banking.
- New features include blockchain-based government grants and OTC crypto options trading. 🌐
Stay tuned for more blockchain breakthroughs!