The Hong Kong Stock Exchange (HKEX, or variably called Hong Kong Exchanges and Clearing Limited, its operator and proprietor) is set to enhance its Stock Connect system, which links Hong Kong’s stock markets with mainland China, using blockchain technology. The upgraded platform will incorporate smart contracts to facilitate post-trade workflows and reduce settlement risk.
Dubbed HKEX Synapse, the project is an integrated settlement acceleration platform designed to boost market efficiency and transparency. Synapse is an extension of Stock Connect, a mutual market access program connecting Mainland Chinese markets with those in Hong Kong.
On the technical side, the Synapse platform leverages DAML (digital asset modeling language, a type of imperative programming language derived from functional languages such as C++) smart contracts to standardize and streamline post-trade workflows, enhancing operational efficiencies, the effective reduction of settlement risks for optimal trading.
Sy
We współpracy z: https://cryptodaily.co.uk/2023/10/hkex-launches-synapse-blockchain-based-settlement-acceleration-platform
