SWIFT teams up with major banks & the Singapore Exchange to trial blockchain voting

posted 3 months ago
Financial giant SWIFT teamed up with Singapore Exchange & 4 banks to trial blockchain based e-voting. Deutsche Bank, DBS, HSBC & Standard Chartered Bank, as well as securities software provider SLIB joined the effort.

Explaining why distributed ledger technology has the potential to help, the firm said: “Proxy voting in particular, frequently results in error-prone and complex manual processes, which the industry can avoid by fostering greater transparency and automation.”
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