Singapore to expand use of blockchain technology
Following the success of its interbank settlement experiment, MAS will now test the tech on bond trading settlement and cross-border payments
Singapore
SINGAPORE will look at more ways to explore blockchain technology, following a successful experiment with interbank settlement.
THE Monetary Authority of Singapore (MAS) on Thursday said that it would test blockchain technology on settlement in bond trading to make the process more efficient. The project will be driven by the Singapore Exchange.
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