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❕NEWS Tezos Chosen by Swiss Banking and Fintech Operators to Deliver On-Chain Financial Products

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Yusra31

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Bank for business to business transactions Tezos an open source proof of stake (PoS) blockchain network has been chosen by Incore Bank Inacta and Crypto Finance Group to power smart contracts for a variety of on chain digital financial products and use cases.These companies along with Tezos have released DAR 1 a new standard for tokens that allows smart contracts to fulfil financial operations. These responsibilities include adhering to anti-money laundering legislation managing governance and assisting with asset management.

DAR-1 is built on Tezos FA2 a token contract interface for single and multi-token smart contracts and was developed by Inacta an independent IT business focused on software development and blockchain advocacy. Later this year Incore Bank and Inacta plan to start releasing assets using the DAR-1 tokenization standard on the Tezos network.
 
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Good Development For The Coin , Its Already In Top 10 And It Will Help Make It Move Up In The Ranks To Be Honest In My Opinion At The Best .
 
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