Hana Securities announced on the 20th that it has completed the demonstration of key functions by participating in the 'Token Securities Testbed Platform Construction Project' organized by the Korea Securities Depository (KSD).
The Korea Securities Depository (KSD) has been conducting the platform construction project for eight months since October last year in preparation for the legalization of token securities. To this end, major securities firms and fractional investment companies were selected as test participants.
In this testbed, Hana Securities verified the stability and connectivity of the token securities issuance and distribution platform using the KSD's total management system, node management system, and distributed ledger system.
A representative from Hana Securities explained that significant achievements have been made throughout the entire process, from the review of token securities issuance to the establishment of distributed ledgers and the advancement of internal processing systems at securities firms. The company plans to continue preparing to secure the infrastructure and systems that can be applied immediately after the implementation of the regulations based on this achievement.
Jo Dae-heon, head of Hana Securities' digital business division, noted, "We plan to sequentially introduce various token securities products based on real assets such as real estate and K-content, in collaboration with major financial institutions."