After a six-year hiatus, Toronto welcomed 9,000 Sibos community members back to the Metro Toronto Conference Centre. Over four engaging days, attendees delved into the theme “collaborative finance in a fragmented world,” attending over 250 conference sessions and myriad of client meetings.
Blockchain technology leader SETL, a notable member of the Colendi Group, proudly announces its selection for participation in the landmark Digital Real Pilot project, spearheaded by the Central Bank of Brazil. Alongside NUCLEA, Brazil’s key interbank clearing house, and banking leader Banco Bradesco S.A., SETL is poised to revolutionize the future of finance in this consortium-led endeavour.
London based DLT firm SETL and New York based Digital Assets are providing the technology for a 12-week proof of concept project (PoC) by members of the U.S. banking community that will explore the feasibility of an interoperable digital money platform known as the regulated liability network (RLN).
SETL announced that it has successfully delivered an innovation pilot project for SWIFT which implemented a common framework linking tokenisation systems between CSD’s and global custodians.
SETL/Colendi partnership aims to create a new public blockchain infrastructure that will be used to host native tokens and smart contracts for Colendi’s current 10+ million users.