Treasury & Capital Markets
Bursa Malaysia experiments with blockchain for bond market
Project to offer complete solution for origination, servicing, trading, clearing and settlement of deals at Labuan exchange
The Asset
31 Jul 2020
Singaporean financial technology provider Hashstacs has partnered with Bursa Malaysia on a blockchain project for the Labuan bonds marketplace. Dubbed Project Harbour, the partnership will centre on the use of distributed ledger technology as a register to facilitate the growth of Malaysia’s offshore market, Labuan, in collaboration with the Labuan Financial Exchange ( LFX ), a wholly-owned subsidiary of Bursa Malaysia.