BIS Project Dynamo delivers ground-breaking prototype for digital tokens and blockchain in SCF

Bank for International Settlements (BIS) has presented a new prototype developed as part of the BIS Innovation Hub's ‘Project Dynamo’, which explores how institutional investors can be encouraged to finance small- and medium-sized enterprises (SMEs), through the programmability and transferability of digital trade tokens on a public blockchain. The prototype platform, created in extensive collaboration between the BIS Innovation Hub and Linklogis, allows an Anchor Buyer and suppliers along its supply chain to use Digital Trade Tokens (DTTs) and blockchain/smart contracts for making programmable payments.