Singapore’s DBS Bank Launches New Suite of Tokenized Banking Services for Institutional Clients

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By Maya Cantina

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Singapore’s DBS Bank Launches New Suite of Tokenized Banking Services for Institutional Clients

Permissioned blockchains, which give the creator more control over who can access a blockchain, are often used by businesses and governments instead of open, permissionless blockchains. DBS said its use would allow it to harness the benefits of blockchain technology while still meeting compliance standards.

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