BIS Project Dynamo develops smart contract prototype for SME finance - 0 views
-
John Kiff on 08 Jun 23The Bank for International Settlements (BIS) Innovation Hub announced the development of a prototype developed as part of Project Dynamo that explored 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 makes use of non-fungible tokens and smart contracts for SME finance. https://www.bis.org/about/bisih/topics/open_finance/dynamo.htm