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National Bank of Bahrain and Partior Assess Bahraini Dinar Settlement on Partior's Network

The memorandum covers the operating model, implementation needs and technical and regulatory feasibility, including a potential settlement-bank role for the Bahraini bank.

A brass coin bridges two adjoining stone surfaces / TokenPost.ai
A brass coin bridges two adjoining stone surfaces / TokenPost.ai

The National Bank of Bahrain and Partior signed a memorandum of understanding to assess the feasibility of settling the Bahraini dinar (BHD) on Partior's network. Partior is a Singapore-based blockchain bank-settlement network.

The assessment will cover the operating model, implementation needs, and the technical and regulatory feasibility of the National Bank of Bahrain serving as the settlement bank for BHD on the network.

The memorandum sets out a feasibility assessment of BHD settlement on Partior's network.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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