Securities Commission Malaysia Embarks on Blockchain Pilot Project

Securities Commission Malaysia Embarks on Blockchain Pilot Project

Tan Sri Ranjit Singh, Chairman of Securities Commission of Malaysia announced today at the SCxSC Digital Finance Conference 2017 today that the regulator has embarked on a pilot project for distributed ledgers in the unlisted and OTC Market space. The technology will be deployed to provide more clarity to the OTC and unlisted market space which is largely considered to be opaque due to the lack of information available. “By using distributed ledger as a technology underpinning the market infrastructure, all transactions and market activities would be recorded and made available to all market participants while maintaining transaction confidentiality” […]