The findings showed improvements in settlement and data integrity, but with added complexity and oversight needs.
The Bank of Canada has confirmed that it worked with Export Development Canada (EDC), RBC Capital Markets, RBC Investor Services and TD Bank Group on Project Samara, an initiative assessing how tokenisation and distributed ledger technology could influence the issuance and settlement of bonds. The platform was developed using Hyperledger Fabric The Bank of Canada noted that the experiment involved the issuance of what EDC described as Canada’s first tokenised bond, with settlemen