Twala is providing companies with an innovative and secure way to legally sign their documents Blockchain start-up Twala has received a $US4.6 million grant fund from the Department of Science and Technology (DOST) – Philippine Council for Industry, Energy and Emerging Technology Research and Development (PCIEERD) to further help companies…
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Essentially a digital ledger of transactions duplicated and distributed. Blockchain technology has so long been associated with cryptocurrency and investments that it’s often hard to imagine its application in other sectors. Essentially a digital ledger of transactions duplicated and distributed across an entire network of computer systems, blockchain has the…
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Represents more than half of all ICT investment by 2024. The Monetary Authority of Singapore’s (MAS) Cyber Security Advisory Panel (CSAP) , comprising of experts in cyber security from around the world, provided insights on how MAS and financial institutions (FIs) can bolster their cyber defences. The Panel supported the…
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Sentiment towards digital currencies appears to be improving among finance leaders. A September 2021 survey of 251 CFOs and other finance leaders revealed that 47% intend to assess digital currencies for business in 2022, according to Gartner, Inc. A February poll centered on bitcoin adoption showed 84% of finance leaders said they…
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Results so far show reducing transaction costs. Australian Border Force (ABF), the Infocomm Media Development Authority of Singapore (IMDA), and Singapore Customs, along with industry participants, have concluded a blockchain trial to prove trade documents can be issued and verified digitally across two independent systems, reducing cross-border transaction costs. The…
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Facilitates a new avenue for issuers, investors and dealer banks to interact digitally. Financial institution, DBS has priced an SG$15 million digital bond, marking it one of DBS Digital Exchange’s (DDEx) first Security Token Offering (STO). The DBS Digital Bond, which comes with a six-month tenor and coupon rate of…
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Real interest and investment by corporations, financial institutions, and even governments in areas they previously viewed with some uncertainty Organisations are forecast to spend nearly US$6.6 billion on blockchain solutions this year, an increase of more than 50 per cent compared to 2020. According to a new update to the…
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South Australian food organisations use blockchain platform to reduce traceability times from three days to three seconds. Australia meat processer and independent grocer investor in blockchain-based food ecosystem to trace the entire lifecycle of a food product, from region to plate, and update the record in real-time. Family-owned meat processor, Thomas…
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Both countries are the technology to issue their vaccine certificate, with interoperability. During the Singaporean Minister for Foreign Affairs, Dr. Vivian Balakrishnan official visit to Malaysia, discussions around national immunisation plans for both countries and an exchange of best practices arose, including the opening of borders with digital health certificates…
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Thai financial service provider outlines several digital initiatives in early 2021. Bangkok Bank is progressing its roadmap to create digital experiences by connecting online-offline platforms to provide customers with easy and smooth services. The Bank has extended its banking agents through Counter Service to 12,500 7-Eleven stores nationwide which will…
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