🚀 Big news from Singapore! DBS Bank is rolling out DBS Token Services, offering instant, real-time payment settlements via a permissioned blockchain compatible with Ethereum Virtual Machine. This move aims to optimize liquidity management and streamline operations for institutional clients.

Key Highlights:

- Instant, real-time payment settlement

- Integration with multiple industry payment infrastructures

- Enhanced liquidity management and operational workflows

DBS is also piloting Treasury Tokens with Ant Financial and exploring smart contracts for digital voucher programs.

What do you think about this blockchain integration by traditional banks? Share your thoughts in the comments! 💬