Japan’s FSA to Support Blockchain Proof-of-Concept for Securities Settlement
The regulator includes the experiment in its FinTech Proof of Concept Hub and Payments Innovation Project (PIP) to modernize settlement infrastructure.
Summary
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Terms & Concepts
Blockchain: A distributed ledger technology that enables secure, transparent, and immutable recording of transactions across a network.
Securities Settlement: The final stage of a trade where the buyer receives the securities and the seller receives the payment.