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ADB to secure cross-border securities transaction system via blockchain

MANILA, Jan. 26 (Xinhua) — The Asian Development Bank (ADB) said Wednesday that it seeks to develop ways to directly connect central banks and securities depositories in the ASEAN+3 region within a blockchain network.

The ASEAN+3 region consists of the 10-member Association of Southeast Asian Nations plus Japan, China and South Korea.

According to the Manila-based bank, directly connecting the institutio