Singapore's Central Bank explores use of Distributed Ledger Technology through Project Ubin

Signal of change / Singapore's Central Bank explores use of Distributed Ledger Technology through Project Ubin

By Jiehui Kia / 06 Oct 2017

Definitely a blockchain #signalofchange here!

 

Project Ubin

Project Ubin is a collaborative project with the industry to explore the use of Distributed Ledger Technology (DLT) for clearing and settlement of payments and securities. DLT has shown potential in making financial transactions and processes more transparent, resilient and at lower cost.



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What might the implications of this be? What related signals of change have you seen?

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