SETL Joins Groundbreaking Digital Real Pilot Project in Brazil
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Setl Joins Groundbreaking Digital Real Pilot Project In Brazil
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<p><span>SETL, the London based enterprise DLT and blockchain company, 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. In a series of experiments, SETL, </span><a href="https://www.swift.com/">SWIFT</a><span>, </span><a rel="noreferrer noopener" target=" blank" href="https://www.clearstream.com/clearstream-en/">Clearstream</a><span>, </span><a rel="noreferrer noopener" target=" blank" href="https://www.northerntrust.com/united-states/home">Northern Trust </a><span>and other market participants explored the issuance, delivery versus payment (DVP), and redemption processes to support a frictionless and seamless tokenised asset market. The experiments used