If blockchain 'use case' fails, MAS still benefits
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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 is fine with that.
A 'use case' is a list of actions or event steps typically defining the interactions between a role and a system.
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