DBS Bank is implementing a blockchain pilot for government grant disbursements in Singapore. The pilot project initiatives to improve fund distribution and eliminate manual oversight. DBS Bank in Singapore has launched a ground-breaking solution that uses blockchain technology to enhance the disbursement of government funds, signaling a significant move toward efficiency and transparency. In a recent pilot, DBS teamed with Enterprise Singapore (ESG) and the Singapore Fintech Association...
Read More »Private Cryptocurrencies Have No Future, Retiring MAS Director Said
The retiring MAS director believes the future monetary system will revolve around CBDCs, tokenized bank liabilities, and stablecoins. The Director of the Monetary Authority of Singapore (MAS), Ravi Menon, has emphasized that private cryptocurrencies have no future. Menon shared his thoughts as a panelist at an event jointly hosted by the Hong Kong Monetary Authority and the Bank for International Settlements. Earlier, Mr Menon, who spearheaded the fintech revolution in Singapore, announced...
Read More »Singapore’s Biggest Bank DBS Launches Metaverse ‘BetterWorld’ Concept to Reduce Food Waste
CoinspeakerSingapore’s Biggest Bank DBS Launches Metaverse ‘BetterWorld’ Concept to Reduce Food Waste The 'BetterWorld' gamified experience will be accessible to the public once the Sandbox’s Alpha Season 4 is launched before the end of 2023. Singapore’s Biggest Bank DBS Launches Metaverse ‘BetterWorld’ Concept to Reduce Food Waste
Read More »Singapore Bank DBS Launches Merchant Platform Enabling e-CNY Collection
CoinspeakerSingapore Bank DBS Launches Merchant Platform Enabling e-CNY Collection The merchant program ensures automated settlement of e-CNY into businesses' DBS bank accounts. Singapore Bank DBS Launches Merchant Platform Enabling e-CNY Collection
Read More »DBS Becomes First Bank in Asia to Use JPMorgan’s Onyx Platform
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Read More »Singapur: Grösste Bank Südostasiens implementiert Bitcoin!
Die größte Bank Singapurs, die DBS, expandiert in das Segment der Krypto-Währungen. Ihren Kunden werden nun zusätzliche Möglichkeiten angeboten, Dienstleistungen in verschiedenen Krypto-Währungen in Anspruch zu nehmen. Ab sofort wird es für Kunden der Bank möglich sein, Bitcoin, Bitcoin Cash, Ethererum und Ripple über die DBS digibank App zu handeln. Allerdings stehen die Dienstleistungen nur einem teilnahmeberechtigten Kundenstamm zur Verfügung....
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