Loading...
tr eur-usd
EURO/USD
0.04%
Euro US Dollar
1,04 TRY
btc
BTC
0.8%
Bitcoin
97.321,59 USDT
eth
ETH
1.86%
Ethereum
2.736,69 USDT
bch
BCH
3.03%
Bitcoin Cash
325,78 USDT
xrp
XRP
1.64%
Ripple
2,36 USDT
ltc
LTC
3.78%
Litecoin
105,52 USDT
bnb
BNB
2.4%
Binance Coin
585,43 USDT
sol
SOL
3.7%
Solana
196,56 USDT
avax
AVAX
3.26%
Avalanche
25,30 USDT
ada
ADA
3.31%
Cardano
0,73 USDT
dot
DOT
4.28%
Polkadot
4,68 USDT
doge
DOGE
1.61%
Dogecoin
0,25 USDT
shib
SHIB
2%
Shiba Inu
0,00 USDT
KriptoBoss.com
featured
  1. News
  2. Blockchain News
  3. Northern Trust Collaborates with NUS for Blockchain Sustainable Finance Innovation

Northern Trust Collaborates with NUS for Blockchain Sustainable Finance Innovation

Share

Share This Post

or copy the link

Northern Trust Partners with National University of Singapore for Green Finance and Blockchain Innovation

Overview

Northern Trust (NTRS) has collaborated with the National University of Singapore (NUS) in a three-year partnership to drive innovation in green finance and enhance blockchain technology adoption. The focus is on leveraging Northern Trust’s Matrix Zenith platform to tokenize green bonds, improve transparency, and streamline regulatory reporting in sustainable investments.

Key Initiatives

The partnership aims to address ESG finance challenges and develop a framework for tokenizing green assets. NUS becomes the first university in Singapore to implement blockchain technology for ESG reporting, with academic engagement through the Singapore Blockchain Innovation Programme at NUS School of Computing, involving research fellows and PhD candidates in solution development.

Expert Insights

Impact of Tokenizing Green Bonds

The focus on tokenizing green bonds through Northern Trust’s Matrix Zenith platform signifies a significant advancement in ESG reporting technology. This initiative enhances transparency and regulatory compliance, reducing “greenwashing” risks and simplifying ESG reporting processes.

Market Positioning and Benefits

This strategic partnership positions Northern Trust well in the growing ESG market, especially in Asia. Collaboration with NUS enhances credibility and market share, aligning with regulatory demands for improved ESG reporting and offering a competitive edge in servicing institutional clients with ESG mandates.

FAQs

Purpose of Partnership

The partnership aims to innovate in green finance and blockchain technology, focusing on tokenizing green bonds and enhancing ESG reporting.

Use of Matrix Zenith Platform

The Matrix Zenith platform will facilitate bringing green bond credentials on-chain, improving transparency and regulatory reporting for investors.

Duration of MoU

The Memorandum of Understanding between Northern Trust and NUS spans three years.

Academic Development Contribution

The partnership engages NUS School of Computing research fellows and PhD candidates through the Singapore Blockchain Innovation Programme for blockchain solution development.

Significance for Singapore

NUS’s implementation of blockchain technology through the partnership makes it the first university in Singapore to advance ESG reporting standards.

0
i_like
I like
0
dikkatimi_ekti
Dikkatimi Çekti
0
do_ru_bilgi
Doğru Bilgi
0
e_siz_bilgi
Eşsiz Bilgi
0
alk_l_yorum
Alkışlıyorum
0
sevdim
Sevdim
Northern Trust Collaborates with NUS for Blockchain Sustainable Finance Innovation
Comment
Disclaimer:

The information in the article is for informational purposes only. It does not constitute any investment advice. The author and CryptoBlockNews.com are not responsible for your profits or losses arising from your investments. Investment is ultimately based on many foundations such as knowledge, accumulation, experience, research and personal decisions.
ADS Banner

Your email address will not be published. Required fields are marked *

ADS Banner