Sber has launched its own platform for the issuance of digital assets, the first transaction of which is the issuance of digital financial assets (DFA) by SberFactoring.
As the press service of the credit institution clarified, the volume of the issue will be 1 billion rubles, and the placement period will be 3 months.
Obligations of the issuer are secured by transferred receivables for factoring services, it is stated in a press release received by the editorial office of socialbites.ca.
“DFAs are issued on a platform developed by the bank using blockchain technology, and the emission is carried out using a smart contract, an algorithm that checks compliance with the conditions specified in the decision to issue DFAs,” by Sber. It’s Saturday, July 9th.
“We believe that our platform has a good future, as the digital format significantly speeds up and simplifies the issuance process of financial instruments and lowers the market entry threshold,” said Anatoly Popov, Deputy Chairman of the Board of Sberbank.
At the same time, it was noted that the platform is currently operating in pilot mode for only a limited number of users, but the lender promised that all corporate customers of the bank will be able to connect to it soon.
Previously reportedHe said that Sber offers a development that accelerates decision-making in the governing bodies of companies.
Source: Gazeta
