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MAROCLEAR, with its Kuwaiti counterpart Kuwait Clearing Company K.S.C, has successfully tested the Business Case for the Cross-Border Settlement / Delivery Transaction on BLOCKCHAIN.
The development of this concept was driven by the MAROCLEAR teams with the support of Tata Consultancy Services (TCS).
It is based on the "Tokensization" of securities and settlement in "Cash Coin" owner.
MAROCLEAR has thus demonstrated its capacity as a Central Depository, a key player in the Moroccan and Regional Market, to manage and settle transactions between two markets by using disruptive technologies (Blockchain).
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