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MAS-led payments network promises applicability beyond finance

Network being tested; MAS and partners see potential for it to improve cost efficiencies for businesses

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The Monetary Authority of Singapore (MAS), JPMorgan and Temasek have developed a blockchain-based prototype that enables payments to be made in different currencies on the same network.

THE Monetary Authority of Singapore (MAS), JPMorgan and Temasek have developed a blockchain-based prototype that enables payments to be made in different currencies on the same network.

This multi-currency payments network has the potential to improve cost efficiencies for businesses,...

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