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Block by block towards blockchain success

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Block by block towards blockchain success

Nachiket Deshpande Published on Mon, Dec 18, 2017 / 4:09 PM GMT+8

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SINGAPORE (Dec 18): The Monetary Authority of Singapore (MAS) and Hong Kong recently announced that by 2019, a cross-border platform will be set up to boost trade finance using distributed ledger, or blockchain technology. The key benefit of this development is that it will make trade finance more efficient and minimise various fraud-related risks.

See: Singapore to work with Hong Kong on blockchain-based trade financing

See: MAS to collaborate with MIT in fintech

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