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

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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.

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    Monetary Authority of SingaporeTemasekBlockchain

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