Search Results for "ubin"

MAS Completes Another Project Ubin Blockchain Trial with SGX

The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX) have developed Delivery versus Payment (DvP) capabilities, its built for the settlement of tokenised assets across different blockchain platforms. The hope is that this will help simplify post-trade processes and further

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MAS & ABS: Releases Project Ubin Blockchain Source Code to Encourage Innovation

The industry consortium led by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) has released the report and source-codes on Project Ubin the distributed ledger prototypes for inter-bank payments. The report : ‘Re-imagining Interbank

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7 Blockchain Projects and Startups Leading the Way in Singapore

In recent years, Singapore has emerged as a hotbed for blockchain and crypto innovation, fuelled by the supportive stance from the government towards adopting cutting technologies. Sources say that there are over 634 companies have been incorporated in Singapore with a

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Singapore is Now Considering Virtual Banking Licenses Too—Here’s Why

The now famous Hong Kong virtual banking licenses have been a bit of a mixed bag for the region, but nevertheless, it’s gotten a lot of attention. To date, four licensees will be ready to go to market before the year

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Singapore and Canada Successfully Trials Cross Border Payments with Central Bank Backed Digital Currency

There’s a growing number of central banks taking a serious look at blockchain and distributed ledger technologies of late. The Bank of Canada and the Monetary Authority of Singapore (MAS) have conducted a successful experiment on cross-border and cross-currency payments

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5 Central Bank Backed Blockchain Projects That Could Make the World a Better Place

Central banks across the globe are no stranger to the concept of blockchain. In fact, according to a recent World Economic Forum (WEF) report, at least 40 central banks across the globe are working in some capacity with blockchain and

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New Research Argues That ICOs Aren’t as Scammy as Implied. Here’s the Problem, Though.

In a presentation shared with the attendees of the International Scientific Conference (#ISC2019) organized by The British Blockchain Association in London, researchers Daniel Liebau and Patrick Schueffel revealed a summary of their academic working paper entitled “Crypto-Currencies and ICOs: Are

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Singapore Financial Regulator Releases Updated Guide for ICOs

The Monetary Authority of Singapore (MAS), the city state’s central bank and financial regulator, has released an update to its guide for businesses looking to raise money through initial coin offerings (ICOs). The paper, titled A Guide to Digital Token

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The Future of Cross-Border Transfers Could Be Central Bank-Backed Digital Currency

As we slowly but surely move towards a global village into a reality, the overall value of cross-border payments is also expected to rise by 5.5% yearly, increasing from US$22 trillion in 2016 to US$30 trillion in 2022. Yet, according

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Betting On Blockchain In A Decentralised World

Blockchain technology can help people, companies and governments carry out a variety of tasks such as banking more efficiently and securely. However, several key issues need to be addressed, including its ease of use. These were the views of experts

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