Monetary Authority of Singapore Backs Blockchain Technology Project
The Monetary Authority of Singapore (MAS), which is the country's central bank, announced its plans to fund a blockchain technology project related to record keeping. This is part of the central bank's five-year investment plan on financial technology developments. Apart from funding the blockchain technology project, the funds will also be used to build innovation centers and fund financial tech projects. Its goal is to attract financial tech startups to build their companies in Singapore and enhance their standing as a smart financial center. Blockchain Technology in Record Keeping.....
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