Blockchain
DBS and IMDA to Launch Open-Sourced Blockchain Trade Platform
To leverage Singapore’s global trade connectivity, DBS Bank and Trafigura, in collaboration with Infocomm Media Development Authority (IMDA), the International Chamber of Commerce (ICC), Enterprise Singapore and tradetech Perlin, have come together to develop an open-sourced blockchain trade platform to
Read MoreSingapore Based Fintech to Launch Blockchain Based Bond Exchange
Singapore-based BondEvalue today announced that it has been approved to enter the Monetary Authority of Singapore’s (MAS) Sandbox Express to launch a blockchain-based bond exchange. The platform will offer a unique proposition to reduce the minimum investment amount of bonds
Read MoreSingapore’s Blockchain Map Proves That It Is a Hotbed for Blockchain Innovation
Singapore has long established itself as the leading fintech hub in South East Asia, of late it also increasingly becoming a hotbed for blockchain innovation. The city-state is home a healthy blockchain ecosystem comprising numerous players tackling areas ranging from
Read MoreCIMB Singapore Rolls Out Blockchain Trade Financing with iTrust
CIMB Singapore and iTrust today announced that they have successfully completed their first structured trade financing transaction on iTrust’s Blockchain and Internet of Things (IoT) platform. The transaction involves the financing of dairy products imported into China and is expected
Read MoreSwiss Research Firm Lists Singapore’s Best and Worst Crypto Exchanges
Cryptogenes, a market research firm operating out of Switzerland through the legal entity HeyDays Services, has released a report detailing the results of an audit of Singapore’s 20 centralized cryptocurrency exchanges. The audit evaluates the overall quality of all of
Read MoreWhat are Stablecoins and Why Is it Growing in Asia?
Stablecoins are cryptocurrencies designed to minimize price volatility, it is often praised for offering the advantages of cryptocurrencies, including transparency, efficiency and low transaction fees, while overcoming the wild price swings inherent to the likes of bitcoin and ether. Proponents
Read MoreSingapore Thinks Libra is a Risk But Does Not Want to Miss out on Its Potential Benefits
Ravi Menon, Managing Director of Monetary Authority of Singapore, joins a growing list of regulators around the world voicing their concerns about Facebook’s Libra. In an interview with Financial Times, he said that Facebook’s Libra raises a global financial risk
Read MoreMeet the 8 Startups Selected for Singapore’s Government Backed Blockchain Accelerator
Tribe Accelerator, a blockchain accelerator backed by Enterprise Singapore, announced the onboarding of new partners to its program. Despite having launched only last year Tribe Accelerator has already garnered the support of multiple government and corporate partners, including AXA, BMW
Read MoreHyperCapital Announces Plans To Build The World’s Strongest Blockchain Community Alliance and Ecosystem
The Hyper Capital Community Meetup was held successfully in Hong Kong on September 16 at The Kimberley Hotel. The event saw a strong crowd of 300 key leaders of the Hyper Capital community and was graced by early bitcoin investor,
Read MoreNearly 300 Arrested in Philippines for Alleged Crypto Investment Scam
227 Chinese nationals were arrested in Pasig City, Philippines, on suspicion of running a crypto investment scam targetting would be investor back in China. This was according to local media, The Inquirer. The 227 Chinese nationals all had Cagayan Economic
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