Blockchain Transformation in Finance: A Case Study of Digital Asset Platform (DAP)
Abstract: Digital Asset Platform (DAP) represents a landmark transformation in capital markets. The strategic rationale behind DAP is to automate and digitize the entire asset lifecycle, from issuance through trading, settlement, and custody, by employing a permissioned blockchain, Daml Smart Contracts, and cloud-native architecture. This transformation results in faster settlement, eliminates manual reconciliation, enhances transparency, and enables real-time compliance, all of which set...
