Shareholder e-voting on agenda as Singapore trials blockchain-based system
Belgium's Swift, four banks - Deutsche, DBS, HSBC, StanChart - and SGX involved in tests; benefits include speed, accuracy and security
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Singapore
INVESTORS who are unable to attend shareholder meetings may soon be able to do so when a game-changing electronic voting system goes live nationwide following a trial that is taking place now.
The Business Times (BT) understands that a proof-of-concept (PoC) on e-Voting using distributed ledger technology (DLT) will be tested in the Asia-Pacific this year. DLT is a digital system where the record of transactions of assets is maintained across multiple places at the same time.
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