gate News bot message, the Depository Trust & Clearing Corporation (DTCC) has officially announced the launch of a digital collateral management platform based on AppChain. This platform is specifically designed to serve institutional-level Decentralized Finance (DeFi) applications and is built on the Besu Blockchain foundation of LF Decentralized Trust. The platform is developed using the DTCC ComposerX tool, focusing on privacy protection, security, and data control. DTCC states that the platform achieves full-process automation through smart contracts, supporting real-time collateral operations across markets and around the clock. Source: Wu Shuo

GalaChain announced a partnership with LF Decentralized Trust to develop the DecentralizationWhite Paper, marking a turning point for Gala's transition to a comprehensive four-phase strategy, with key highlights including migration to a more Decentralization Byzantine fault toleranceAlgorithm and the introduction of the GIP framework to drive continuous improvement and adjustment.