๐Tokenised Financial Infrastructure - Benefits
๐ค Mark Garnier OBE MP, Shadow Economic Secretary to the Treasury asked the Government about the benefits of tokenised financial infrastructure.
๐ค Lucy Rigby KC MP, The Economic Secretary to the HM Treasury said that using distributed ledger technology to tokenise assets could deliver a step change in financial market efficiency, particularly by enabling more efficient, real-time data sharing which could lower operational costs and enhance resilience.
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The BBA is the industry body advancing evidence-based adoption of Blockchain and Cryptoassets. The BBA is also the Secretariat of the APPG on Blockchain Technologies.
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