Proxy voting in particular often results in avoidable complexity and errors that could be eliminated through greater transparency and automation. The PoC will explore whether DLT can help simplify the currently inefficient management of shareholder meetings and the associated voting processes that are often time-consuming and resource intensive. SWIFT will jointly conduct the PoC in the Asia Pacific region, with leading securities software provider SLIB and the Singapore Exchange (SGX), along with Deutsche Bank, DBS, HSBC and Standard Chartered Bank. ![]() SWIFT today a proof-of-concept (PoC) on e-Voting, using distributed ledger technology (DLT).
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