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S'pore to trial blockchain to speed up business payments

Tuesday, November 15, 2016 - 05:50

DBS's Mr Gupta is less hopeful about cross-border uses in blockchain, noting that it takes too long to get critical mass.


SINGAPORE is set to pilot the use of blockchain for inter-bank settlements that could speed up business payments - a landmark trial likely to be detailed this week during the city-state's first FinTech Festival.

This could put the financial hub ahead of its peers, even as

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