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DTCC launches a digital collateral management platform based on AppChain
Gate.io News bot message: The U.S. Depository Trust & Clearing Corporation (DTCC) has officially announced the launch of a digital collateral management platform based on AppChain. This platform is specifically designed to serve institutional-level Decentralized Finance (DeFi) applications, built on the Besu Blockchain foundation of LF Decentralized Trust.
The platform is developed using the DTCC ComposerX tool, focusing on privacy protection, security, and data control. DTCC indicates that the platform achieves fully automated processes through smart contracts, supporting real-time collateral operations across markets and around the clock.
Source: Wu Shuo