You are here

If blockchain 'use case' fails, MAS still benefits

yaohui-pixgeneric-5469.jpg
Many of the Monetary Authority of Singapore's (MAS) 'use cases' for its blockchain experiments - such as those on know-your-customer procedures, trade financing and cross-border payments - are likely to fail. And its managing director Ravi Menon is fine with that.

Singapore

MANY of the Monetary Authority of Singapore's (MAS) 'use cases' for its blockchain experiments - such as those on know-your-customer procedures, trade financing and cross-border payments - are likely to fail. And its managing director Ravi Menon...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes