KEB-Hana Bank will sell beneficiary certificates of property trusts through the blockchain platform.
The bank said Monday that it signed an agreement with KASA Korea to sell the certificates in digital format through a blockchain platform. On the platform, investors also sell and buy digital certificates.
The digital trading became possible as the blockchain-based platform provides smart contracts. Smart contracts are unchangeable once you enter data
The bank became the nation’s first bank to sell beneficiary certificates in digital format.
The bank and KASA Korea will run the platform.
