DTCC announces the launch of a digital Collateral management platform based on AppChain.

Wu learned that the Depository Trust & Clearing Corporation (DTCC) announced the launch of a digital collateral management platform based on AppChain to support institutional-level Decentralized Finance (DeFi) applications. The platform is built on the Besu Blockchain of LF Decentralized Trust, utilizing the DTCC ComposerX tool, and emphasizes privacy, security, and data control. DTCC stated that the platform achieves full-process automation through smart contracts, which is expected to promote cross-market, real-time collateral operations around the clock.

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