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Topic: [2016-11-14] Singapore’s Central Bank Pairs Up With R3 to Create Blockchain ... (Read 296 times)

sr. member
Activity: 350
Merit: 250
Why? This could be the start of something big. If it is successful - which I believe it will be - other central banks will join the trend.
legendary
Activity: 2408
Merit: 1121
I look forward to their string of horrific walled-garden failures.

R3 - Really Redundant Reprobates

sr. member
Activity: 318
Merit: 251
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.

Read More: https://cointelegraph.com/news/singapores-central-bank-pairs-up-with-r3-to-create-blockchain-rd-center

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