Samsung SDS to Develop Blockchain-Based Securities Platform for Korea’s Central Depository

by admin

Samsung SDS has been awarded a contract by the Korea Securities Depository (KSD) to create a platform for tokenised securities, advancing South Korea’s initiative to enhance blockchain infrastructure for digital asset trading. This pivotal project is scheduled for completion by February 2027.

The new platform will transform KSD’s current technology verification framework into a fully operational system designed for processing live transactions efficiently. The initiative seeks to integrate KSD’s existing electronic securities account system with blockchain technology, thereby streamlining the processes of issuing tokenised securities and managing related rights.

### Moving Beyond Testing with Blockchain Technology

Samsung SDS has previously participated in KSD’s tokenised securities efforts, which included functional analysis conducted in 2024 and the development of a test platform in 2025. As part of the upcoming project, Samsung SDS aims to set up necessary infrastructure, such as blockchain node management systems and distributed ledger architectures.

A key feature of the new platform will be a volume management system, which will enable real-time tracking of the issuance and circulation of tokenised securities. This component is designed to enhance transparency and regulatory oversight within the realm of digital securities.

In anticipation of the tokenised securities framework, South Korean lawmakers have been preparing supportive legislation. Earlier this year, significant amendments were made to the Electronic Registration Act and the Financial Investment Services and Capital Markets Act, which were passed by the National Assembly. These amendments formally recognise blockchain-based registries as valid securities registries.

To further advance this agenda, the Financial Services Commission introduced a public-private consultative body in March 2023. This initiative is aimed at establishing comprehensive rules governing technology use, issuance, circulation, payment, and settlement methods, leading up to the framework’s official launch on 4 February 2027.

In summary, Samsung SDS’s collaboration with KSD marks a crucial step in the development of a robust framework for tokenised securities in South Korea, signalling a progressive shift in how digital assets will be managed and regulated in the future. As legislation continues to adapt, the country is positioning itself at the forefront of blockchain integration within the financial sector.

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