BNP Paribas Securities Services has partnered with cloud-based digital asset security infrastructure Curv to transfer security tokens securely between market participants.
The security token was transferred using Curv’s multi-party computation solution to ensure the security of the private keys.
The proof of concept, which was successfully completed, helped to demonstrate that tokenised securities can be transferred quickly, safely and transparently on the blockchain.
- Becky Bellamy
- Asset Servicing Times