Singapore’s Ubin & Canada’s Jasper power the Digital Transformation to DLT systems

5 min read

Singapore has been a hub of Blockchain & Crypto activity ever since China outrightly banned Cryptocurrencies. Not only has the state welcomed the new technology with open arms but the government itself has been exploring the development of decentralized systems. Project Ubin was initiated by The Monetary Authority of Singapore (MAS) in collaboration with R3 blockchain consortium to explore simpler & more efficient replacement to current payment & settlement systems via the issuance of Central bank issued digital tokens which is the Singapore Dollar (SGD) in this case. The project got underway in November 2016. The Project consisted of different phases – Phase…...

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Faisal Khan Faisal is based in Canada with a background in Finance/Economics & Computers. He has been actively trading FOREX for the past 11 years. Faisal is also an active Stocks trader with a passion for everything Crypto. His enthusiasm & interest in learning new technologies has turned him into an avid Crypto/Blockchain & Fintech enthusiast. Currently working for a Mobile platform called Tradelike as the Senior Technical Analyst. His interest for writing has stayed with him all his life ever since started the first Internet magazine of Pakistan in 1998. He blogs regularly on Financial markets, trading strategies & Cryptocurrencies. Loves to travel.