ChainCatcher message, according to PrNewswire, SBI Group (SBI) and Chainlink announced today a strategic partnership to accelerate the adoption of blockchain and digital assets in the global market. Both parties will also focus on using Chainlink CCIP to achieve payment versus payment (PvP) settlement for foreign exchange and cross-border transactions, while leveraging Chainlink Proof of Reserve to provide transparent on-chain verification of stablecoin reserves.
The strategic partnership between SBI and Chainlink will focus on achieving a range of key use cases for financial institutions in Japan and the Asia-Pacific region. This includes cross-chain transactions of real-world tokenized assets such as real estate and bonds, as well as integrating the cross-chain interoperability protocol (CCIP), which enables secure transactions across any blockchain while ensuring compliance and privacy.
