Singapore Regulator Teams With Asian Banks for Blockchain
OCBC Bank, HSBC Singapore and the Mitsubishi UFJ Financial Group (MUFG) together reported the client recognizable proof framework alongside the Info-interchanges Media Development Authority (IDMA). The IDMA manages the city-state's media and data interchanges businesses.
The evidence of-idea stage occurred amongst February and May of this current year, as indicated by the organizations included. The point was to move far from awkward, paper-based methodologies – which can take days or longer to finish – to completely digitized ones. By including a common record, banks can check a client by swinging to data that is being put away and refreshed extra minutes.
@minnowpond1 has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond. To be Resteemed to 4k+ followers and upvoted heavier send 0.25SBD to @minnowpond with your posts url as the memo
@royrodgers has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond. To be Resteemed to 4k+ followers and upvoted heavier send 0.25SBD to @minnowpond with your posts url as the memo
@mrainp420 has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond. To be Resteemed to 4k+ followers and upvoted heavier send 0.25SBD to @minnowpond with your posts url as the memo
This post received a 2.62% upvote from @randowhale thanks to @ianfreeman! To learn more, check out @randowhale 101 - Everything You Need to Know!