DTCC Partners with Digital Asset to Tokenize US Treasuries on Canton Network

The collaboration seeks to apply blockchain technology to improve efficiency in processing U.S. government securities.

Summary

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Terms & Concepts
  • Tokenization: The process of converting real-world assets, such as U.S. Treasuries, into digital tokens on a blockchain.
  • Canton Network: A decentralized blockchain infrastructure designed to interconnect institutional applications for regulated markets.
  • US Treasuries: Debt securities issued by the U.S. Department of the Treasury to fund government operations.