A U.K.-government-backed technology working group wants firms to run tokenization projects in collaboration with their peers.
The group’s second report on the topic says funds should be able to hold tokenized assets as well as settle transfers on-chain.
A technology working group backed by the U.K. government is urging firms to execute tokenization strategies in collaboration with their peers in a new report published Tuesday.
Tokenization is the digitization of real-world assets mostly through the use of blockchain technology. Financial institutions around the world are experimenting with tokenization and related settlement systems to improve the efficiency of traditional markets.
Based on industry feedback, the working group says the focus needs to be on on-chain fund settlement with digital money. It also said funds must be able to hold tokenized assets and utilize public permissioned networks that allow verified users to access the blockchain.
Members of the Technology Working Group include the U.K. government’s finance arm and the Financial Conduct Authority, which regulates the country’s finance sector, including crypto. This new report builds on the group’s November report where it urged regulators to establish clarity for tokenization as firms continue to take an interest in it.
The report also said that the tokenization of money market fund units used as collateral could help “accelerate the relevant settlement process increasing the opportunities for this use case.”
The government will continue to engage with firms on the possible benefits of adding distributed ledger technology to sovereign bonds, the report said.
The group’s third phase will focus on artificial intelligence.
clomiphene can i buy generic clomid without prescription how to buy cheap clomid cost of clomiphene without insurance where buy clomid clomid generic cost clomid uses
Thanks on putting this up. It’s okay done.
This is the description of topic I enjoy reading.
order zithromax pill – buy sumycin 250mg sale buy metronidazole online
buy generic semaglutide – periactin drug buy periactin 4mg
purchase domperidone online cheap – order tetracycline 250mg pill generic flexeril 15mg
buy azithromycin 250mg sale – zithromax medication nebivolol 20mg over the counter
buy augmentin 375mg without prescription – https://atbioinfo.com/ buy acillin tablets
buy generic esomeprazole – anexamate esomeprazole 20mg uk
order coumadin 5mg online – https://coumamide.com/ buy cozaar generic
order mobic sale – moboxsin order meloxicam 15mg pill
order deltasone 40mg online cheap – https://apreplson.com/ order deltasone 20mg generic
ed pills gnc – medication for ed free ed pills
cheap amoxil generic – https://combamoxi.com/ buy amoxil generic
fluconazole 200mg brand – flucoan diflucan pills
purchase cenforce generic – https://cenforcers.com/# purchase cenforce online
cialis purchase – https://ciltadgn.com/ buy cheap cialis online with mastercard
cialis tadalafil & dapoxetine – https://strongtadafl.com/# cialis online pharmacy australia
zantac 300mg ca – this buy generic zantac
Greetings! Extremely gainful recommendation within this article! It’s the crumb changes which liking make the largest changes. Thanks a portion towards sharing! online
I’ll certainly bring back to read more. https://buyfastonl.com/amoxicillin.html
More posts like this would make the blogosphere more useful. https://ursxdol.com/synthroid-available-online/
I’ll certainly carry back to read more. https://prohnrg.com/product/loratadine-10-mg-tablets/
This website exceedingly has all of the tidings and facts I needed to this subject and didn’t know who to ask. https://aranitidine.com/fr/ciagra-professional-20-mg/
More posts like this would add up to the online time more useful. https://ondactone.com/simvastatin/
The thoroughness in this break down is noteworthy.
https://proisotrepl.com/product/cyclobenzaprine/
The sagacity in this tune is exceptional. http://www.orlandogamers.org/forum/member.php?action=profile&uid=28884
orlistat tablet – order orlistat pill generic orlistat 120mg