Sber has launched its own platform for issuing digital assets to the market. The first deal on it was the issuedigital financial assets (DFAs) SberFactoring.The issuer's obligations are secured by accounts receivable transferred for factoring services. Issue volume: 1 billion rubles, placement period: three months
DFAs are issued on a platform developed by the bankon blockchain technology. The issue is carried out using a smart contract - an algorithm that controls compliance with the conditions laid down in the decision to issue a DFA: amount, term, yield of the issue, and others.
The platform is currently in pilot mode for a limited number of users, but in the future all corporate clients of the bank will be able to connect to it.
It is planned to expand the product line of digital assets available for release on the platform.
Sberbank completed the first deal to issue CFA on its own platform - TASS (tass.ru)
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