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Singapore’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
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A Look at South East Asia’s Thriving Fintech Cities
A historically unbanked region, South East Asia’s fintech cities surge in growth have been fueled by the region’s young and digitally-savvy population, high mobile penetration and growing middle class. From small and medium-sized enterprises (SMEs) looking for financing, to young, active
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UnionBank and OCBC Pilots Blockchain Based Remittance from Singapore to the Philippines
UnionBank of the Philippines recently became the first Philippine bank to successfully pilot blockchain-based remittance from Singapore to the Philippines. This was done in partnership with OCBC Bank, Singapore, using the Adhara liquidity management and international payments platform. Amid a
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Prime Minister Lee Hsien Loong: Not All Problems Need a Blockchain Solution
Prime Minister Lee Hsien advised sober assessment of blockchain technology in a Facebook post shared earlier. Ironically on his Facebook post he was also commenting on the Facebook’s controversial cryptocurrency project, Libra. Describing Facebook’s Libra, he said it has “a
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Why Fintech is an Important Ingredient in Any Smart City Ambition
Smart cities. They were a popular term that has since lost a bit of its steam among the general public, and yet, with the dramatic reduction of Internet-of-Things (IoT) prices last decade, the smart city initiative is now a gleam
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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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