The DLT platform is constructed for conducting financial operations, trading and increasing the scale and amount of deals between banking institutions.
The trials are initiated by a branch of China’s Central Bank.
Apart from operations with financial assets, the platform can be used as a system, which can help regulators control financial activities.
Owing to the fact that the platform can provide access to sharing data between traders, companies of various sizes can access a big line of financial tools.
The platform also gives Chinese regulators wide opportunities for conducting a full-scale supervision of all operations on the platform and a chance to prevent fraud and scams.