Deutsche Börse announced “substantial progress” in the development of its blockchain platform

One of the largest exchange organizations, Deutsche Börse, reported on achieving "significant progress" in the development of its blockchain platform for securities, according to a press release .

The platform was created in partnership with the Luxembourg HQLAx blockchain platform, which specializes in liquidity management. According to a press release, to date, six banks have expressed a desire to join it and "have already begun the integration process."

The full-scale launch of the Corda technology-based lending solution is scheduled for the second half of 2019. In Deutsche Börse they note that in the near future all bureaucratic formalities associated with bringing the activity in compliance with the regulatory framework will be settled.

Recall that Deutsche Börse announced the creation of a blockchain unit last fall.

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