Bursa Malaysia, Singapore’s Hashstacs team up to develop LFX’s bond marketplace | Malay Mail

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Bursa Malaysia, Singapore’s Hashstacs team up to develop LFX’s bond marketplace | Malay Mail
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KUALA LUMPUR, July 29 — Bursa Malaysia Bhd and Singapore’s financial technology (fintech) solutions provider Hashstacs Pte Ltd today embarked on a bond on blockchain proof-of-concept (POC) to facilitate the growth of the Labuan Financial Exchange’s (LFX) bond marketplace. Bursa Malaysia chief...

Wednesday, 29 Jul 2020 09:53 PM MYT

Bursa Malaysia chief executive officer Datuk Muhamad Umar Swift said the project, dubbed Project Harbour, aimed to explore and harness the opportunities afforded by blockchain technology and the tokenisation of assets. Meanwhile, Hashstacs managing director Benjamin Soh said the company would develop a blockchain solution to issue, service, trade and clear bonds on the platform.

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