DBS Bank launches blockchain-based DBS Token Services for real-time, 24/7 transaction banking.

DBS Bank has launched DBS Token Services, a blockchain-based suite designed to enhance transaction banking for institutional clients. This innovation enables real-time, 24/7 settlements through its Ethereum-compatible blockchain. Key features include Treasury Tokens, Conditional Payments, and Programmable Rewards, which improve liquidity management and operational efficiency. The initiative reflects how traditional banks can utilize blockchain to innovate financial services.

October 18, 2024
7 Articles

Further Reading