{"id":329542,"date":"2021-08-24T11:49:21","date_gmt":"2021-08-24T08:49:21","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/swiss-b2b-bank-incore-launches-new-tokenization-tool-using-tezos\/"},"modified":"2021-08-24T11:49:21","modified_gmt":"2021-08-24T08:49:21","slug":"swiss-b2b-bank-incore-launches-new-tokenization-tool-using-tezos","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/swiss-b2b-bank-incore-launches-new-tokenization-tool-using-tezos\/","title":{"rendered":"# Swiss B2B bank InCore launches new tokenization tool using Tezos"},"content":{"rendered":"<p>&#8220;<strong># Swiss B2B bank InCore launches new tokenization tool using Tezos <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDgvNDdiODBiOTItMWVhYi00ODBiLWIwZDYtNDg3Y2U2ZjYxZjg3LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Deutsche Boerse-backed digital asset firm Crypto Finance AG and Swiss business-to-business (B2B) transaction bank InCore are launching a new tokenization tool based on the Tezos blockchain.<\/p>\n<p>InCore Bank officially <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.sobaco-incore.com\/en\/sobaco-group\/news\/corporate-details\/tezos-selected-to-enable-smart-contracts-for-leading-european-banks\">announced<\/a> Tuesday a new collaboration with Crypto Finance AG and Swiss IT consulting firm Inacta to introduce new digital financial products based on Tezos, a decentralized, open-source proof-of-stake (PoS) blockchain network.<\/p>\n<p>The involved companies have developed a new Tezos token standard for asset tokenization built on the Tezos FA2 standard, a multi-asset interface for Tezos <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/medium.com\/tqtezos\/introducing-fa2-a-multi-asset-interface-for-tezos-55173d505e5f\">allowing<\/a> developers to invent token types like nonfungible tokens (NFTs).<\/p>\n<p>Using the Tezos FA2, Inacta developed the new DAR-1 token standard, which aims to unlock new smart contracts-enabled functions to support financial markets, including Anti-Money Laundering (AML) regulations mechanisms as well as asset governance.\u00a0<\/p>\n<p>In conjunction with the tokenization tool, InCore Bank also announced the upcoming launch of institutional-grade storage, staking and trading services for Tezos (XTZ). Using InCore Bank\u2019s integrated services, financial institutions will be able to offer staking for their clients\u2019 assets, allowing them to earn rewards generated through staking, or participating in transaction validation through locking up XTZ tokens.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Fintech company Leonteq expands crypto offerings in Europe<\/em><\/strong><\/p>\n<p>Stijn Vander Straeten, CEO of storage infrastructure at the Crypto Finance Group, said that the new collaboration is an example of how FA2 on Tezos significantly expands tokenization opportunities. \u201cThe launch of these Tezos use cases for the financial sector make innovative, compliant on-chain financial products a reality today,\u201d the executive added.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/swiss-b2b-bank-incore-launches-new-tokenization-tool-using-tezos\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Swiss B2B bank InCore launches new tokenization tool using Tezos &#8221; Deutsche Boerse-backed digital asset firm Crypto Finance AG and Swiss business-to-business (B2B) transaction bank InCore are launching a new tokenization tool based on the Tezos blockchain. InCore Bank officially announced Tuesday a new collaboration with Crypto Finance AG and Swiss IT consulting firm&#8230;<\/p>\n","protected":false},"author":1,"featured_media":329543,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDgvNDdiODBiOTItMWVhYi00ODBiLWIwZDYtNDg3Y2U2ZjYxZjg3LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74863,114759,74876,75434,75037,74892,71939,28340,74688,74151,4965],"class_list":["post-329542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-cryptocurrencies","tag-inacta","tag-proof-of-stake","tag-smart-contracts","tag-tezos","tag-tokens","tag-banks","tag-europe","tag-partnerships","tag-switzerland","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/329542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=329542"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/329542\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/329543"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=329542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=329542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=329542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}