đ Big news from Singapore! DBS Bank is revolutionizing institutional banking with its new DBS Token Services, offering instant, real-time payment settlements on a permissioned blockchain. This move aims to optimize liquidity management and streamline operations for businesses and public sector entities. đ
DBS is also piloting Treasury Tokens with Ant Financial and exploring smart contracts for digital voucher programs. This marks a significant leap in transaction banking, showcasing how traditional banks can harness blockchain for groundbreaking features.
What do you think about this integration of blockchain in banking? Share your thoughts below! đ #Blockchain #Fintech #DBSBank