DTCC and Chainlink CRE Move Toward Real-Time Collateral Appchain

DTCC, the U.S. central securities depository and clearing institution, is working with global oracle network Chainlink to fully adopt Chainlink CRE. DTCC plans to launch a collateral-management appchain in the fourth quarter and move toward a global framework for 24-hour real-time collateral management. As the world’s largest market infrastructure institution, DTCC plays a central role in post-trade capital-market functions such as custody and clearing. The core of the plan is the adoption of Chainlink CRE and the launch of a dedicated collateral-management appchain. The disclosed information is limited to the Q4 launch schedule and the goal of real-time global collateral management. Source: mk.co.kr.