A significant step has been taken towards using blockchain and digital currency in securities settlements. This development involves a pilot project for tokenised corporate bonds. The framework may eventually be applied to other assets, such as equities and mutual fund units.

Governor Sanjay Malhotra and Chairman Tuhin Kanta Pandey were involved in launching this initiative. They participated in an event where the potential of this technology was discussed.

Further information about this project is available, including details about the technologies used and the potential expansion of the framework to other assets.