Demat 2.0 to allow instant settlement of tokenised bonds with CBDC
NSDL MD Vijay Chandok said Demat 2.0 can enable instant settlement of tokenised bonds with CBDC. The pilot project uses an atomic settlement mechanism, where security and payment transfers happen simultaneously, unlike the traditional T+1 system. Demat 2.0 can allow investors to receive tokenised bonds instantly against payments made through the central bank digital currency … Read more