Case Study: SBI, UBS, and DBS achieve secure first cross-border digital bond repo with Halborn

SBI, UBS, and DBS secure the world’s first cross-border digital bond repo with Halborn

A consortium of financial institutions including SBI, UBS, and DBS faced the challenge of securing the world's first cross-border digital bond repo transaction on a public blockchain. They required assurance that the underlying smart contract infrastructure was secure, resilient, and compliant across multiple regulatory regimes for this high-value pilot. They engaged Halborn for a Smart Contract Security Assessment to validate the protocol.

Halborn conducted a comprehensive audit of the smart contracts, identifying vulnerabilities and providing remediation support. The solution implemented by Halborn reinforced the security posture of the transaction, helped define best practices for the industry, and ensured the initiative's success by making it secure enough for institutional use. This work by Halborn helped transform a pioneering DeFi concept into a secure, institutional-grade reality.

SBI, UBS, and DBS