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FSCO Tokenizing Assets At Scale With the Help of Hedera
By tokenizing assets and events at scale, FSCO is actively digitizing food production and trade, providing complete transparency and deep, verifiable data for financiers. This data allows financiers to analyze and validate the flow of goods and assets in and out of businesses, substantiating cash flows resulting from these events continuously.
These tokenized events also trigger conditional payments via Continuity API, which connects Hedera to ACH (bank-to-bank payments), the Mastercard network, and Mastercard Payment Gateway Services (MPGS). The Hedera Token Service (HTS) is integrated with Continuity API, enabling the conditional minting of fungible and non-fungible tokens within commercial workflows.
FSCO’s financial-grade Continuity API supports event-based payment automation, especially across the supply chain. Previously available exclusively on Hedera’s Consensus Service, the updated Continuity API now also leverages Hedera’s Token Service (HTS), per the CNF update. This enhancement enables greater transparency and verifiability of payment transactions throughout the entire value chain. Users can capture the fulfillment of cash transaction prerequisites and mint essential transactional information as NFTs, which can then be transferred between wallets
This integration empowers financial institutions to make target=\"_blank\" rel=\"noopener\">update, Hedera has been leading in blockchain developments and holds a bright future ahead.