24 Jul '17, 10pm

Details Emerge on Singapore Central Bank’s Blockchain R&D https://t.co/Mbn8tgHape

Details Emerge on Singapore Central Bank’s Blockchain R&D https://t.co/Mbn8tgHape

This is a Trial Version of Social Share & Locker Pro plugin. Please add your purchase code into Licence section to enable the Full Social Share & Locker Pro Version. Details Emerge on Singapore Central Bank’s Blockchain R&D The Monetary Authority of Singapore has revealed a three-step plan to connect the world’s central banks via distributed ledger technology. The two-phase effort called “Project Ubin ” would see global central banks settling cross-border transactions in real time via a blockchain. Unlike the current system, where only high-value or institutionally crucial transactions are settled in real time, Project Ubin is being designed to let make every cross-border payment and security settlement almost instant. By tokenizing global currencies and protecting the privacy of each transaction using zero-knowledge proofs, Intel’s software guard extensions, or other mean...

Full article: http://www.altcointoday.com/details-emerge-singapore-cent...

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