Thai Bond Market Association to Launch Blockchain-Based Registrar Bond Service Platform

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Thai Bond Market Association to Launch Blockchain-Based Registrar Bond Service Platform



The Thai Bond Market Affiliation (TBMA) will deploy a blockchain-powered resolution on its registrar service platform, native information company Bangkok Submit experiences July 28. The brand new registrar service platform, which is scheduled to be launched this 12 months, intends to offer a sooner bond certificates issuance and, in flip, enhance the liquidity of the secondary market, in line with TBMA president Tada Phutthitada. Whereas market liquidity has been rising, the issuance of bond certificates nonetheless stays sluggish, which can trigger severe limitations to the expansion of company bonds within the secondary market. In line with Mr. Tada,

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