According to Digital Asset, Bank of Korea Governor Shin Hyun-song delivered a paper at the European Central Bank Central Banking Forum on July 1, saying that tokenization of assets such as government bonds should be considered, and proposing a central bank-based “unified ledger” solution that places CBDC, tokenized bank deposits, and tokenized assets such as government bonds on the same programmable platform. Shin Hyun-song said that, compared with decentralized blockchains, a unified ledger led by the central bank is more stable; if government bonds are issued and circulate within the unified ledger, the ownership of government bonds and the exchange of funds can be handled in parallel, collateral management can be automated, and this will help support monetary policy and financial stability.