Blockchain technology keeps food chain ecosystem transparent

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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Blockchain technology key to Malaysia and Singapore’s digital health certificates

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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Bangkok Bank progresses its digital roadmap 

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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Singapore Exchange ramps up Titan OTC with data analytics

Clearing to cater to global participants in Asian markets. Singapore Exchange (SGX) will be adding Marex’s bespoke derivative data analytics products to its Titan OTC platform (Titan OTC), a one-stop, full-service over-the-counter (OTC) platform that supports block trade registration, order management, content and analytics across multiple asset classes and trading instruments.…

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India drafts up a national strategy on blockchain

Application potential in different domains such as governance, banking and finance, cyber security India’s Ministry of Electronics and Information Technology (MeitY) has identified Blockchain Technology as one of the important research areas having application potential in different domains such as governance, banking, finance, and cyber security. MeitY has supported a…

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Bank of China branches complete blockchain-based finance transaction

Facilitates automation of trade processes, enhances the service quality of cross-border trade and the efficiency of trade finance for corporations. Bank of China (Hong Kong) (“BOCHK”), in collaboration with Bank of China Guangdong Provincial Branch and Shenzhen City Branch, has completed the first batch of blockchain-based cross-border trade transactions and…

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Bank of Thailand launches Government savings bond on IBM Blockchain Technology

US$1.6B US in government savings bonds were sy sold within two weeks of launch Bank of Thailand (BOT), the central bank, has launched one of the world’s first blockchain-based platform for government savings bonds issuing a total of $1.6B USD within two weeks. Leveraging blockchain technology on the secured IBM Cloud, the platform allows…

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Singapore says blockchain payments project ready for commercial rollout

Blockchain-based payments network that could enable faster and cheaper international settlements. SINGAPORE (Reuters) – Singapore has developed a blockchain-based payments network that could enable faster and cheaper international settlements, authorities said on Monday, adding that the next step was a commercial rollout. The final phase of the years-long ‘Project Ubin’…

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