Blockchain
DLT Can Be a Game Changer for Sustainable Supply Chains
Distributed Ledger Technology (DLT) holds vast potential to address persistent barriers in building out sustainable supply chains. It can significantly boost transparency, mitigate cash inefficiencies, and amplify the utilisation of data to improve processes and sustainability efforts, according to a
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Asia Pacific Poised to Lead the US$81.5 Billion Web 3.0 Market by 2030
In the ever-evolving digital technology landscape, the Asia-Pacific (APAC) region has emerged as a hotbed for Web 3.0, the next wave of transformative advancement. Over the last few years, this dynamic region, renowned for its economic diversity and tech-savvy population,
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OCBC Bank Enters Into Long-Term Partnership With ADDX
Global private market exchange ADDX has entered into a long-term partnership with OCBC Bank that will see both parties work together to put out a wider variety of investment products. Through this partnership, ADDX will distribute OCBC’s first tokenised equity-linked
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Ripple Launches Platform to Enable Central Banks to Issue Their Own CBDCs
Ripple, a blockchain and crypto solutions provider, has launched a new platform to enable central banks, governments, and financial institutions to issue their own central bank digital currency (CBDC). The Ripple CBDC Platform will be leveraging the same blockchain technology
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MAS, NY Fed Publish Report on Wholesale CBDC Study for Cross Border Payments
The New York Federal Reserve and the Monetary Authority of Singapore (MAS) has published the report on the findings of their cross-border payments study. The Project Cedar Phase II x Ubin+ (Cedar x Ubin+) experiment found that distributed ledger technology
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Ripple Snaps up Swiss Custody Provider Metaco in US$250 Million Deal
Ripple, a blockchain and crypto solutions provider, has acquired Metaco, a Swiss-based provider of digital asset custody and tokenisation technology, for US$250 million. Through this acquisition, Ripple will be able to expand its enterprise offerings by diversifying into custody solutions
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Tenity Launches XRPL Accelerator in Singapore for Early-Stage Blockchain, Crypto Startups
Tenity, a fintech accelerator formerly known as F10, announced that it has become the first programme partner of the XRP Ledger (XRPL) Accelerator in Asia Pacific with the launch of a Singapore-based cohort. The XRPL Accelerator in Singapore run by
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Temasek Denies Crypto Firm Array’s Investment Claims
Singapore’s sovereign wealth fund, Temasek, has refuted claims that it made an investment in Array, a firm specialising in algorithmic cryptocurrency development. In response to recent news articles and a tweet from Array regarding an alleged investment by Temasek, the
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Mastercard Unveils On-Chain ID Framework for Web3 Payments
Mastercard has partnered with Web3 players on an on-chain identity and verification framework, focusing on payments, remittances, ticketing, and NFTs. The Mastercard Crypto Credential is designed to help companies, developers, and individuals to unlock the full potential of powering payments,
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Swift Completes Sandbox Testing of API-Based CBDC Project
Swift said that 18 central and commercial banks found “clear potential and value” in its API-based Central Bank Digital Currency (CBDC) connector. Following a 12-week period of collaborative sandbox testing, almost 5,000 transactions were simulated between two different blockchain networks
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