Sberbank and REGION Group Settle a Smartcontract-ruled Repo Transaction Using NSD’s Infrastructure based on Hyperledger Fabric
- Sberbank and REGION Group have settled the first Russian law-governed repo transaction using Hyperledger Fabric 1.2.
- NSD’s Collateral Management System has settled the transaction including all the steps required by Russian law
- Market participants receive additional flexibility while using blockchain in repo
- The integration of smart contracts and the distributed ledger technology’s operational principle make financial transactions more transparent
- Region Group keeps itself well informed about cutting-edge financial technologies to be able to quickly implement the newest practices and solutions in products for our clients
- Using blockchain for servicing repo is one of a few examples of the justifiable use of this technology