After South Africa, Russia’s Central Depository partners with China over blockchain

A memorandum of understanding signed yesterday sees Russia’s National Settlement Depository (NSD) and the China Securities Depository and Clearing Corporation Limited (CDSC) – both their respective countries’ central securities depositories – partner to develop blockchain applications in the post-trade space.

The partnership was announced yesterday by the NSD, which has also engaged in a similar endeavor to develop blockchain solutions with the central securities depository of South Africa, in September this year.