Last year, the Deutsche Börse unveiled the launch of D7, a digital securities post-trade platform. It is now taking its second step by issuing digitally native securities in the fourth quarter. While the latest phase uses smart contracts, the securities are not yet blockchain-based, which is planned for a third phase.
“We are moving away from various isolated platforms towards our vision of one common digital financial ecosystem,” said Jens Hachmeister, Deutsche Börse Managing Director of Issuer Services & New Digital Markets.
The key aims of the solution are to enable same day stock issuance and straight through processing.
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