Singapore’s Central Bank Pairs Up With R3 to Create Blockchain R&D Center

Singapore’s Central Bank Pairs Up With R3 to Create Blockchain R&D Center

R3 and Singapore’s central bank, the Monetary Authority of Singapore, have partnered up to establish a “distributed ledger technology center” to give Singapore a lead position in Asia’s FinTech industry. Setting up a lab. The MAS will be collaborating with the NY-based company to develop and potentially implement Blockchains into financial institutions with the R3 Asia Lab. Both companies are aiming to disrupt the FinTech industry with efficient, transparent and cost-effective solutions which could improve transaction security and be used on capital markets worldwide. Sopnendu Mohanty, CFO....


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