The Business Times
business-time-50

MAS-led payments network on path towards commercial adoption of blockchain technology

Published Mon, Jul 13, 2020 · 09:50 PM

    Singapore

    THE Monetary Authority of Singapore (MAS) and Temasek on Monday released a report highlighting the "commercial potential" of Project Ubin, paving the way towards live adoption of blockchain technology.

    Project Ubin, which recently concluded its fifth and final phase, is a collaborative project between MAS and the financial industry to test the use of blockchain and distributed ledger technology for clearing and settling payments and securities.

    Monetary Authority of SingaporeTemasekBlockchain

    TRENDING NOW

    Tan Tee Khoon (left) has left the firm to pursue other interests; Nicholas Keong will take on the role of head, auction, residential and private office.

    Knight Frank’s Tan Tee Khoon leaves firm, Nicholas Keong takes over auction business

    Plans to set up the biomethane regulatory sandbox was first announced in October last year during the annual Singapore International Energy Week.

    Keppel Energy, Sembcorp Utilities and Tuas Power to supply biomethane in pilot project

    The 38 officers leaving GovTech were primarily in roles structured around traditional project delivery.

    GovTech retrenches another 38 staff in second round of layoffs

    The stock of completed private residential units, excluding ECs, grows by 3,491 units in Q3.

    Take-up of new private homes dives 45% in Q3 as prices accelerate with 1.4% rise

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More