ADDX, ANZ, and Chainlink have collaborated to launch a cross-border transaction solution using tokenized commercial paper. The project enables financial institutions to conduct digital asset transactions while maintaining regulatory compliance. Australian investors can now purchase and redeem tokenized commercial paper on ADDX's platform, settling transactions on private blockchains using Chainlink's Cross-Chain Interoperability Protocol. The pilot aims to simplify the process for tokenized financial assets and improve operational efficiency, settlement times, and cross-border functionality. This collaboration is seen as a significant advancement for blockchain technology.
- Content Editor ( cryptonews.net )
- 2024-11-07
ADDX and ANZ Launch Tokenized Commercial Paper Pilot with Chainlink’s Private Transaction Technology