DTCC launches blockchain-based AppChain platform to tokenize collateral

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According to HT's report, financial market infrastructure provider DTCC announced the launch of the AppChain platform for real-time collateral tokenization management. The platform is built on the Besu Ethereum client of LF Decentralized Trust, aiming to enhance the speed of collateral movement between traditional isolated systems, improve capital efficiency and liquidity, and support market participants in deploying digital applications. DTCC plans to showcase the platform at the "Great Collateral Experiment" event on April 23.

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